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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Earnings Per Share

The following table provides a reconciliation between basic and diluted earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

Millions, Except Per Share Amounts,

 

 

 

 

for the Three Months Ended March 31,

2015 
2014 

Net income

$

1,151 

$

1,088 

Weighted-average number of shares outstanding:    

 

 

 

 

    Basic

 

879.3 

 

908.1 

    Dilutive effect of stock options

 

1.8 

 

2.6 

    Dilutive effect of retention shares and units 

 

1.7 

 

1.8 

Diluted

 

882.8 

 

912.5 

Earnings per share – basic

$

1.31 

$

1.20 

Earnings per share – diluted

$

1.30 

$

1.19 

Stock options excluded as their inclusion would be anti-dilutive

 

0.6 

 

0.7