v3.26.1
Net Income Per Common Share (Tables)
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Net Income Per Common Share
The following table displays a reconciliation of the information used in calculating basic and diluted net income per common share for the three and six months ended June 30, 2026 and 2025. Diluted net income per common share incorporates the potential impact of contingently issuable shares such as those related to restricted share units (RSUs), and performance share units (PSUs), including awards which require future service and meeting certain performance and market metrics as a condition of delivery of the underlying common stock. During periods where the effect of these instruments is antidilutive, meaning their inclusion would increase earnings per share, they are excluded from the calculation.
Three Months Ended June 30,Six Months Ended June 30,
(dollar amounts in millions, except per share data, share count in thousands)2026202520262025
Basic Net Income Per Common Share:
Net income available to common shareholders$313 $155 $448 $291 
Weighted average common shares outstanding151,104 76,891 151,051 76,809 
Net income per common share, basic$2.07 $2.01 $2.97 $3.79 
Diluted Net Income Per Common Share:
Net income available to common shareholders$313 $155 $448 $291 
Weighted average common shares outstanding151,104 76,891 151,051 76,809 
Effect of dilutive outstanding equity-based awards364 386 419 403 
Weighted average diluted common shares151,468 77,277 151,470 77,212 
Net income per common share, diluted$2.07 $2.00 $2.96 $3.77 
Anti-dilutive shares (1)
146 317 252 655 
(1) The effects from the assumed exercise in RSUs and PSUs that have been excluded from the computation of diluted earnings per share because the impact would have been anti-dilutive or because the performance metrics have not been attained as of the reporting period.