v3.26.3
Earnings Per Common Share and Shareholders Equity (Tables)
9 Months Ended
Sep. 30, 2026
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Common Share
The following table presents the computation of basic and diluted earnings per common share for the periods indicated: 
Three Months EndedNine Months Ended
(in millions, except per share amounts, shares in thousands)
September 30, 2026September 30, 2025September 30, 2026September 30, 2025
Net income$220 $96 $620 $335 
Less: dividends and undistributed earnings allocated to participating securities— — (1)— 
Net income allocated to common shares $220 $96 $619 $335 
Weighted average number of common shares outstanding - basic
279,221 237,838 285,128 218,694 
Dilutive effect of share-based compensation
1,117 1,087 1,118 1,018 
Weighted average number of common shares outstanding - diluted
280,338 238,925 286,246 219,712 
Earnings per common share:
Basic
$0.78 $0.40 $2.17 $1.53 
Diluted
$0.78 $0.40 $2.16 $1.53 
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following table presents the weighted average outstanding restricted stock awards and restricted stock units excluded from the calculation of diluted earnings per share because their effect would have been anti-dilutive for the periods indicated:
Three Months EndedNine Months Ended
(shares in thousands)
September 30, 2026September 30, 2025September 30, 2026September 30, 2025
Restricted stock awards and units—100—125