v3.26.3
Net Income Per Common Share (Tables)
 9 Months Ended
Sep. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Net Income Per Common Share
The following table displays a reconciliation of the information used in calculating basic and diluted net income per common share for the three and nine months ended September 30, 2026 and 2025. Diluted net income per common share incorporates the potential impact of contingently issuable shares such as those related to restricted share units (RSUs), and performance share units (PSUs), including awards which require future service and meeting certain performance and market metrics as a condition of delivery of the underlying common stock. During periods where the effect of these instruments is antidilutive, meaning their inclusion would increase earnings per share, they are excluded from the calculation.
Three Months Ended September 30,Nine Months Ended September 30,
(dollar amounts in millions, except per share data, share count in thousands)2026202520262025
Basic Net Income Per Common Share:
Net income available to common shareholders$364 $169 $812 $461 
Weighted average common shares outstanding, basic151,113 76,904 151,072 76,841 
Net income per common share, basic$2.41 $2.20 $5.38 $6.00 
Diluted Net Income Per Common Share:
Net income available to common shareholders$364 $169 $812 $461 
Weighted average common shares outstanding, basic151,113 76,904 151,072 76,841 
Effect of dilutive outstanding equity-based awards605 406 481 402 
Weighted average common shares, diluted151,718 77,310 151,553 77,243 
Net income per common share, diluted$2.40 $2.19 $5.36 $5.96 
Anti-dilutive shares (1)
65 716 260 675 
(1) The effects from the assumed exercise in RSUs and PSUs that have been excluded from the computation of diluted earnings per share because the impact would have been anti-dilutive or because the performance metrics have not been attained as of the reporting period.