v3.26.1
Earnings Per Common Share (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Numerator:        
Net income available to Arch $ 1,057 $ 1,237 $ 2,104 $ 1,811
Preferred dividends (10) (10) (20) (20)
Net income (loss) available to Arch common shareholders, basic 1,047 1,227 2,084 1,791
Net income (loss) available to Arch common shareholders, diluted $ 1,047 $ 1,227 $ 2,084 $ 1,791
Denominator:        
Weighted average common shares outstanding — basic 343.2 372.2 348.2 372.6
Effect of dilutive common share equivalents:        
Nonvested restricted shares 1.4 1.6 1.5 1.7
Stock options [1] 4.2 6.1 4.5 6.5
Weighted average common shares and common share equivalents outstanding — diluted 348.8 379.9 354.2 380.8
Earnings per common share:        
Basic (per share) $ 3.05 $ 3.30 $ 5.99 $ 4.81
Diluted (per share) $ 3.00 $ 3.23 $ 5.88 $ 4.70
Stock options        
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]        
Antidilutive securities excluded from computation of earnings per common share (shares) 2.4 2.2 2.4 2.4
[1] Certain stock options were not included in the computation of diluted earnings per share where the exercise price of the stock options exceeded the average market price and would have been anti-dilutive or where, when applying the treasury stock method to in-the-money options, the sum of the proceeds, including unrecognized compensation, exceeded the average market price and would have been anti-dilutive. For the 2026 second quarter and 2025 second quarter, the number of stock options excluded were 2.4 million and 2.2 million, respectively. For the six months ended June 30, 2026 and 2025, the number of stock options excluded were 2.4 million and 2.4 million, respectively.