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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Reconciliation of the Earnings (Losses) and Number of Shares Used in Calculations of Basic and Diluted Earnings Per Share
The table below presents the reconciliation of the earnings and number of shares used in our calculations of basic and diluted earnings per share:
 
Three Months Ended
 
Six Months Ended
(in millions, except per share amounts)
June 30, 2016
 
June 30, 2015
 
June 30, 2016
 
June 30, 2015
Computation of Basic Earnings Per Share
 
 
 
 
 
 
 
Net income
$
247

 
$
240

 
$
466

 
$
447

Weighted average shares outstanding
254.3

 
272.4

 
254.3

 
275.1

Basic earnings per share
$
0.97

 
$
0.88

 
$
1.83

 
$
1.63

Computation of Diluted Earnings Per Share
 
 
 
 
 
 
 
Net income
$
247

 
$
240

 
$
466

 
$
447

Weighted average shares outstanding
254.3

 
272.4

 
254.3

 
275.1

Effect of dilutive securities
 
 
 
 
 
 
 
Employee stock option and appreciation right plans
1.7

 
2.3

 
1.9

 
2.4

Deferred stock incentive plans
0.5

 
0.6

 
0.6

 
0.6

Restricted stock units
1.5

 
2.0

 
1.9

 
2.5

Shares for diluted earnings per share
258.0

 
277.3

 
258.7

 
280.6

Diluted earnings per share
$
0.96

 
$
0.87

 
$
1.80

 
$
1.59