v3.24.3
Earnings Per Common Share (Tables)
 9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table sets forth the computation of basic earnings per common share and diluted earnings per common share:
 Three Months Ended September 30Nine Months Ended September 30
 2024202320242023
 (In millions, except per share data)
Numerator:
Net income$490 $490 $1,359 $1,683 
Preferred stock dividends and other(1)
(44)(25)(93)(74)
Net income available to common shareholders$446 $465 $1,266 $1,609 
Denominator:
Weighted-average common shares outstanding—basic$914 $939 $917 $938 
Potential common shares4 1 2 2 
Weighted-average common shares outstanding—diluted$918 $940 $919 $940 
Earnings per common share:
Basic$0.49 $0.49 $1.38 $1.72 
Diluted0.49 0.49 $1.38 $1.71 
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(1) Preferred stock dividends and other for the three and nine months ended September 30, 2024 included $15 million of issuance costs associated with the redemption of Series B preferred shares in the third quarter of 2024. See Note 6 for additional information.