v3.26.1
NET EARNINGS PER COMMON SHARE
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
NET EARNINGS PER COMMON SHARE NET EARNINGS PER COMMON SHARE
The following schedule presents the basic and diluted net earnings per common share, calculated using the weighted-average number of shares outstanding:
Three Months Ended
June 30,		Six Months Ended
June 30,
(In millions, except shares and per share amounts)2026202520262025
Basic:
Net income$453 $244 $686 $414 
Less common and preferred dividends68 65 136 130 
Undistributed earnings385 179 550 284 
Less undistributed earnings applicable to nonvested shares5 2 7 4 
Undistributed earnings applicable to common shares380 177 543 280 
Distributed earnings applicable to common shares66 63 132 127 
Total earnings applicable to common shares$446 $240 $675 $407 
Weighted average common shares outstanding (in thousands)146,117 147,044 146,529 147,182 
Net earnings per common share$3.05 $1.63 $4.61 $2.77 
Diluted:
Total earnings applicable to common shares$446 $240 $675 $407 
Weighted average common shares outstanding (in thousands)146,117 147,044 146,529 147,182 
Dilutive effect of stock options (in thousands)93 9 92 28 
Weighted average diluted common shares outstanding (in thousands)146,210 147,053 146,621 147,210 
Net earnings per common share$3.05 $1.63 $4.61 $2.77 
The following schedule presents the weighted-average stock awards that were antidilutive and therefore excluded from the calculation of diluted earnings per share:
Three Months Ended
June 30,		Six Months Ended
June 30,
(In thousands)2026202520262025
Restricted stock and restricted stock units1,958 1,796 1,962 1,774 
Stock options185 823 186 591