Earnings Per Common Share (Tables)

12 Months Ended

Dec. 31, 2025

Schedule of Earnings Per Share, Basic and Diluted



		2025		2024		2023
	(In millions, except per share data)
Numerator:
Net income		$	2,156	$	1,893	$	2,074
Preferred stock dividends and other (1)		(95)		(119)		(98)


Net income available to common shareholders		$	2,061	$	1,774	$	1,976
Denominator:
Weighted-average common shares outstanding—basic		$	892	$	916	$	936
Potential common shares		4		2		2
Weighted-average common shares outstanding—diluted		$	896	$	918	$	938






Earnings per common share:
Basic		$	2.31	$	1.94	$	2.11
Diluted		$	2.30	$	1.93	$	2.11

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(1) Preferred stock dividends and other for the year ended December 31, 2025 included $4 million of issuance costs associated with the redemption of Series D preferred shares in the second quarter of 2025. Preferred stock dividends and other for the year ended December 31, 2024 included $15 million of issuance costs associated with the redemption of Series B preferred shares in the third quarter of 2024. See Note 14 for additional information.