v3.25.4
NET EARNINGS PER COMMON SHARE (Tables)
 12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Diluted, by Common Class, Including Two Class Method
The following schedule presents the basic and diluted net earnings per common share, calculated using the weighted-average number of shares outstanding:
(In millions, except shares and per share amounts)202520242023
Basic:
Net income$899 $784 $680 
Less common and preferred dividends267 289 277 
Less impact from redemption of preferred stock— 6 — 
Undistributed earnings632 489 403 
Less undistributed earnings applicable to nonvested shares8 5 4 
Undistributed earnings applicable to common shares624 484 399 
Distributed earnings applicable to common shares260 245 243 
Total earnings applicable to common shares$884 $729 $642 
Weighted average common shares outstanding (in thousands)147,115 147,210 147,748 
Net earnings per common share$6.01 $4.95 $4.35 
Diluted:
Total earnings applicable to common shares$884 $729 $642 
Weighted average common shares outstanding (in thousands)147,115 147,210 147,748 
Dilutive effect of stock options (in thousands)42 5 8 
Weighted average diluted common shares outstanding (in thousands)
147,157 147,215 147,756 
Net earnings per common share$6.01 $4.95 $4.35 
Schedule of Weighted Average Number of Shares
The following schedule presents the weighted-average stock awards that were antidilutive and therefore excluded from the calculation of diluted earnings per share:
(In thousands)202520242023
Restricted stock and restricted stock units1,819 1,663 1,383 
Stock options469 1,110 1,409