v3.26.1
Earnings Per Common Share and Shareholders Equity (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Common Share
The following table presents the computation of basic and diluted earnings per common share for the periods indicated: 
Three Months EndedSix Months Ended
(in millions, except per share amounts, shares in thousands)
June 30, 2026June 30, 2025June 30, 2026June 30, 2025
Net income$208 $152 $400 $239 
Less: dividends and undistributed earnings allocated to participating securities— — (1)— 
Net income allocated to common shares $208 $152 $399 $239 
Weighted average number of common shares outstanding - basic
285,558 209,125 288,130 208,964 
Dilutive effect of share-based compensation
914 850 1,082 1,001 
Weighted average number of common shares outstanding - diluted
286,472 209,975 289,212 209,965 
Earnings per common share:
Basic
$0.73 $0.73 $1.39 $1.14 
Diluted
$0.73 $0.73 $1.38 $1.14 
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following table presents the weighted average outstanding restricted stock awards and restricted stock units excluded from the calculation of diluted earnings per share because their effect would have been anti-dilutive for the periods indicated:
Three Months EndedSix Months Ended
(shares in thousands)
June 30, 2026June 30, 2025June 30, 2026June 30, 2025
Restricted stock awards and units201796641584