Basic earnings per share is computed by dividing earnings available to common stockholders by the weighted average number of common shares outstanding for the period. Diluted earnings per common share reflects the assumed conversion of all dilutive securities, which are calculated using the treasury stock method.


	Three months ended September 30,				Nine months ended September 30,
($ and shares in millions, except per share data)	2026		2025		2026		2025
Net earnings	$	892	$	1,077	$	2,582	$	2,801
Preferred stock dividends	(28)		(20)		(70)		(62)
Net earnings available to common stockholders	$	864	$	1,057	$	2,512	$	2,739

Weighted average common shares outstanding, basic	319.0		365.9		330.8		375.7
Effect of dilutive securities	3.4		4.0		3.3		3.7
Weighted average common shares outstanding, dilutive	322.4		369.9		334.1		379.4

Earnings per basic common share	$	2.71	$	2.89	$	7.59	$	7.29
Earnings per diluted common share	$	2.68	$	2.86	$	7.52	$	7.22

We have issued stock-based awards under the Synchrony Financial 2024 Long-Term Incentive Plan, along with prior incentive plans. Awards that were considered anti-dilutive and therefore were excluded from the computation of diluted earnings per common share were less than 1 million shares for each of the periods presented.