v3.25.4
Earnings Per Common Share (Tables)
12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Earnings Per Common Share
The table below presents information about basic and diluted EPS.
Year Ended December
in millions, except per share amounts202520242023
Net earnings to common$16,300 $13,525 $7,907 
Weighted average basic shares312.7328.1340.8
Effect of dilutive RSUs4.95.55.0
Weighted average diluted shares317.6333.6345.8
Basic EPS$51.95 $41.07 $23.05 
Diluted EPS$51.32 $40.54 $22.87 
In the table above:
Net earnings to common represents net earnings applicable to common shareholders, which is calculated as net earnings less preferred stock dividends.
Unvested share-based awards that have non-forfeitable rights to dividends or dividend equivalents are treated as a separate class of securities under the two-class method. Distributed earnings allocated to these securities reduce net earnings to common to calculate EPS under this method. The impact of applying this methodology was a reduction in basic EPS of $0.18 for 2025, and $0.15 for both 2024 and 2023.
Diluted EPS does not include antidilutive RSUs, including those that are subject to market or performance conditions, of 0.1 million for both 2025 and 2024, and 0.4 million for 2023.