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Earnings Per Share
3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Earnings Per Share Note 6 – Earnings Per Share ("EPS")Basic and diluted earnings per share were computed as follows:
Three Months Ended
March 31, 2022March 31, 2021
(Shares in thousands, dollars in millions, except per share amounts)BasicEffect of
Dilution
DilutedBasicEffect of
Dilution
Diluted
Shareholders' net income$1,183 $1,183 $1,161 $1,161 
Shares:
Weighted average318,487 318,487 348,248 348,248 
Common stock equivalents2,795 2,795 3,728 3,728 
Total shares318,487 2,795 321,282 348,248 3,728 351,976 
EPS$3.71 $(0.03)$3.68 $3.33 $(0.03)$3.30 
effect was anti-dilutive:
Three Months Ended March 31,
(In millions)20222021
Anti-dilutive options2.8 1.5 
The Company held approximately 77.3 million shares of common stock in treasury at March 31, 2022, 71.2 million shares as of December 31, 2021 and 48.7 million shares as of March 31, 2021.