| Schedule of basic and diluted earnings per share |
The details of the EPS calculations for the three and nine months ended September 30, 2026 and 2025 are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended
September 30, | | Nine Months Ended
September 30, | | 2026 | | 2025 | | 2026 | | 2025 | | (Dollars in millions except per share) | Basic earnings per share: | | | | | | | | | Net income | $ | 97 | | | $ | 77 | | | $ | 293 | | | $ | 226 | | | Weighted average common shares outstanding – Basic | 185,269,660 | | | 198,668,143 | | | 187,242,180 | | | 202,127,953 | | | EPS – Basic | $ | 0.52 | | | $ | 0.39 | | | $ | 1.56 | | | $ | 1.12 | | | | | | | | | | Diluted earnings per share: | | | | | | | | | Weighted average common shares outstanding – Basic | 185,269,660 | | | 198,668,143 | | | 187,242,180 | | | 202,127,953 | | Dilutive effect of unvested RSUs and other contingently issuable shares | 3,784,691 | | | 3,526,191 | | | 4,039,084 | | | 3,002,663 | | | Weighted average common shares outstanding – Diluted | 189,054,351 | | | 202,194,334 | | | 191,281,264 | | | 205,130,616 | | | EPS – Diluted | $ | 0.51 | | | $ | 0.38 | | | $ | 1.53 | | | $ | 1.10 | |
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