Earnings Per Share, Share Repurchases and Dividends on Common Stock (Unaudited) (Tables)

9 Months Ended

Sep. 30, 2012

Share Repurchases

The table below summarizes the company’s share repurchases:

Shares Repurchased
(in millions)

Repurchase Program
Authorization Date

Amount
Authorized
(in millions)

Total
Shares
Repurchased
(in millions)

Average
Price
Per Share⁽²⁾

Nine Months Ended September 30

2012

2011

June 16, 2010⁽¹⁾

$5,350

57.8

$58.46

13.6

28.4

(1)

In June 2010, our board of directors authorized a share repurchase program of up to $2.0 billion of the company’s common stock. Following this initial authorization, our board of directors increased the remaining repurchase authorization to $4.0 billion in April 2011 and again increased the remaining repurchase authorization to $2.0 billion in September 2012. As of September 30, 2012, our repurchases under the program totaled $3.4 billion, and $2.0 billion remained under this share repurchase authorization. The repurchase program will expire when we have used all authorized funds for repurchase.


(2)	Includes commissions paid.