v3.26.1
General (Tables)
 3 Months Ended
Mar. 31, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Net Income for Shareholders and Participating Securities
The following table sets forth net income allocated to common stockholders and EPS, calculated using the two-class method:
Three Months Ended
March 31,
20262025
(In millions, except per share amounts)
Net Income Available to Stockholders$976 $717 
Less: Net Income Allocated to Participating Securities(a)(5)(4)
Net Income Allocated to Common Stockholders$971 $713 
Basic and Diluted Weighted Average Shares Outstanding(b)2,225 2,222 
Basic and Diluted EPS(b)$0.44 $0.32 
(a)Participating securities consist of unvested stock awards issued to employees and non-employee directors. These awards receive dividend equivalents but do not share in net losses or distributions in excess of earnings.
(b)For all periods presented, diluted EPS is equal to basic EPS, as our potential common stock equivalents are antidilutive.
Schedule of Antidilutive Securities
The following potential common stock equivalents are excluded from the determination of diluted EPS:
Three Months Ended
March 31,
20262025
(In millions on a weighted average basis)
Unvested stock awards12 13 
Convertible trust preferred securities3 3