11.

Earnings Per Common Share

Basic EPS is computed by dividing net income available to common stockholders by the weighted-average number of common shares outstanding during the period. The computation of diluted EPS is similar to the computation of basic EPS except that the denominator is increased to include the number of additional common shares that would have been outstanding if dilutive potential common shares had been issued. Dilutive potential common shares include the effect of outstanding stock options and unvested restricted stock awards and units. EPS under the basic and diluted computations is as follows:


	Three Months Ended September 30,					Nine Months Ended September 30,
	2012			2011		2012			2011
Net income	$	247		$	220	$	717		$	701
Preferred stock dividends		(9	)		—		(23	)		—

Net income available to common stockholders ⁽¹⁾	$	238		$	220	$	694		$	701

Weighted-average common shares outstanding — basic		1,274			1,228		1,273			1,213
Common stock equivalent shares related to stock incentive plans		1			1		1			3

Weighted-average common shares outstanding — diluted ⁽²⁾		1,275			1,229		1,274			1,216

Basic EPS	$	.19		$	.18	$	.54		$	.58
Diluted EPS	$	.19		$	.18	$	.54		$	.57

⁽¹⁾	Net income available to participating securities (unvested restricted shares) was not material for the third quarters or first nine months of 2012 or 2011.

⁽²⁾	Antidilutive stock options and restricted stock awards excluded from the calculation of diluted EPS totaled 59 million and 50 million shares for the third quarters of 2012 and 2011, respectively, and 61 million and 48 million shares for the first nine months of 2012 and 2011, respectively.