Earnings: Income before cumulative effect of accounting change $1,037 $691 Cumulative effect of accounting change - (117) Less: Preferred stock dividend requirements (11) (15) --------------------- ---------------------
Earnings applicable to common shares $1,026 $559 ===================== =====================
Basic EPS before cumulative effect of accounting change $1.85 $1.15 Cumulative effect of accounting change - (0.20) ===================== =====================
Basic earnings per share $1.85 $0.95 ===================== =====================
Diluted:
Weighted-average shares outstanding 553,935,578 586,751,340 Average common shares issuable under employee benefit plans 18,859,505 17,607,461 Average common shares issuable upon conversion of ESOP preferred stock 11,798,073 12,018,761 --------------------- ---------------------
Total weighted-average diluted shares 584,593,156 616,377,562 ===================== =====================
Earnings: Income before cumulative effect of accounting change $1,037 $691 Cumulative effect of accounting change - (117) Less: Preferred stock dividend requirements (9) (13) --------------------- ---------------------
Earnings applicable to common shares $1,028 $561 ===================== =====================
Diluted EPS before cumulative effect of accounting change $1.76 $1.10 Cumulative effect of accounting change - (0.19) ===================== =====================
Diluted earnings per share $1.76 $0.91 ===================== =====================