v3.26.1
NET EARNINGS PER COMMON SHARE - Basic and Diluted Net Earnings Per Common Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Basic:        
Net income $ 453 $ 244 $ 686 $ 414
Less common and preferred dividends 68 65 136 130
Undistributed earnings 385 179 550 284
Less undistributed earnings applicable to nonvested shares 5 2 7 4
Undistributed earnings applicable to common shares 380 177 543 280
Distributed earnings applicable to common shares 66 63 132 127
Net earnings applicable to common shareholders $ 446 $ 240 $ 675 $ 407
Weighted average common shares outstanding (in shares) 146,117 147,044 146,529 147,182
Net earnings per common share (in dollars per 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 shares) 146,117 147,044 146,529 147,182
Dilutive effect of stock options (in shares) 93 9 92 28
Weighted average diluted common shares outstanding (in shares) 146,210 147,053 146,621 147,210
Net earnings per common share (in dollars per share) $ 3.05 $ 1.63 $ 4.61 $ 2.77