| Schedule of Earnings Per Share |
| | | | | | | | | | | | | | | | | | | Three months ended June 30 | 2024 | | 2023 | | (Earnings for per-share calculation, shares in millions, per-share amounts in dollars) | Diluted | Basic | | Diluted | Basic | | Earnings (loss) from continuing operations | $ | 1,320 | | $ | 1,320 | | | $ | 1,254 | | $ | 1,254 | | | Preferred stock dividends and other(a) | — | | — | | | (58) | | (58) | | | | | | | | | | | | | | | Earnings (loss) from continuing operations attributable to common shareholders | 1,320 | | 1,320 | | | 1,195 | | 1,195 | | Earnings (loss) from discontinued operations | (54) | | (54) | | | (1,220) | | (1,220) | | | Net earnings (loss) attributable to common shareholders | 1,266 | | 1,266 | | | (25) | | (25) | | | | | | | | | Shares of common stock outstanding | 1,089 | | 1,089 | | | 1,089 | | 1,089 | | Employee compensation-related shares (including stock options) | 11 | | — | | | 10 | | — | | Total average equivalent shares | 1,100 | | 1,089 | | | 1,098 | | 1,089 | | | | | | | | | Earnings (loss) per share from continuing operations | $ | 1.20 | | $ | 1.21 | | | $ | 1.09 | | $ | 1.10 | | Earnings (loss) per share from discontinued operations | (0.05) | | (0.05) | | | (1.11) | | (1.12) | | Net earnings (loss) per share | 1.15 | | 1.16 | | | (0.02) | | (0.02) | | | | | | | | | Potentially dilutive securities(b) | 6 | | | | 28 | | |
| | | | | | | | | | | | | | | | | | | Six months ended June 30 | 2024 | | 2023 | | (Earnings for per-share calculation, shares in millions, per-share amounts in dollars) | Diluted | Basic | | Diluted | Basic | | Earnings (loss) from continuing operations | $ | 3,061 | | $ | 3,061 | | | $ | 7,951 | | $ | 7,958 | | | Preferred stock dividends and other(a) | — | | — | | | (204) | | (204) | | | | | | | | | | | | | | | Earnings (loss) from continuing operations attributable to common shareholders | 3,061 | | 3,061 | | | 7,747 | | 7,754 | | Earnings (loss) from discontinued operations | (256) | | (256) | | | (417) | | (417) | | | Net earnings (loss) attributable to common shareholders | 2,805 | | 2,805 | | | 7,330 | | 7,337 | | | | | | | | | Shares of common stock outstanding | 1,089 | | 1,089 | | | 1,089 | | 1,089 | | Employee compensation-related shares (including stock options) | 11 | | — | | | 9 | | — | | Total average equivalent shares | 1,100 | | 1,089 | | | 1,097 | | 1,089 | | | | | | | | | Earnings (loss) per share from continuing operations | $ | 2.78 | | $ | 2.81 | | | $ | 7.06 | | $ | 7.12 | | Earnings (loss) per share from discontinued operations | (0.23) | | (0.23) | | | (0.38) | | (0.38) | | Net earnings (loss) per share | 2.55 | | 2.58 | | | 6.68 | | 6.74 | | | | | | | | | Potentially dilutive securities(b) | 9 | | | | 33 | | |
(a) For the three and six months ended June 30, 2023, included $(30) million related to excise tax on preferred share redemptions. (b) Outstanding stock awards not included in the computation of diluted earnings per share because their effect was antidilutive.
|