Earnings Per Share

3 Months Ended

Mar. 31, 2019

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
(in millions, except per share amounts)	March 31, 2019		March 31, 2018
Computation of Basic Earnings Per Share
Net income	$	375	$	420
Shares for basic earnings per share	339.6		358.4
Basic earnings per share	$	1.10	$	1.17
Computation of Diluted Earnings Per Share
Net income	$	375	$	420
Shares for basic earnings per share	339.6		358.4
Effect of dilutive securities
Share-based compensation	3.2		4.9
Shares for diluted earnings per share	342.8		363.3
Diluted earnings per share	$	1.09	$	1.16