v3.25.3
NET EARNINGS PER COMMON SHARE
 9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
NET EARNINGS PER COMMON SHARE NET EARNINGS PER COMMON SHARE
The following schedule presents basic and diluted net earnings per common share based on the weighted average outstanding shares:
Three Months Ended
September 30,		Nine Months Ended
September 30,
(In millions, except shares and per share amounts)2025202420252024
Basic:
Net income$222 $214 $636 $568 
Less common and preferred dividends68 71 199 215 
Undistributed earnings154 143 437 353 
Less undistributed earnings applicable to nonvested shares2 2 5 4 
Undistributed earnings applicable to common shares152 141 432 349 
Distributed earnings applicable to common shares66 61 193 182 
Total earnings applicable to common shares$218 $202 $625 $531 
Weighted average common shares outstanding (in thousands)147,045 147,138 147,136 147,197 
Net earnings per common share$1.48 $1.37 $4.25 $3.61 
Diluted:
Total earnings applicable to common shares$218 $202 $625 $531 
Weighted average common shares outstanding (in thousands)147,045 147,138 147,136 147,197 
Dilutive effect of stock options (in thousands)80 12 39 5 
Weighted average diluted common shares outstanding (in thousands)147,125 147,150 147,175 147,202 
Net earnings per common share$1.48 $1.37 $4.25 $3.61 
The following schedule presents the weighted average stock awards that were anti-dilutive and not included in the calculation of diluted earnings per share:
Three Months Ended
September 30,		Nine Months Ended
September 30,
(In thousands)2025202420252024
Restricted stock and restricted stock units1,837 1,696 1,795 1,652 
Stock options207 1,065 473 1,338