Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2021

Earnings Per Share [Abstract]

Schedule of Computation of Basic Earnings Per Share, Assuming Dilution

The following table sets forth the computation of basic earnings per share and earnings per share, assuming dilution:

	First Quarters
	2021		2020
Numerator (Dollars in millions):
Net Earnings	$	706	$	770
Denominator (Units in millions):
Average Common Shares Outstanding	761		772
Other Potentially Dilutive Common Shares	1		1
Average Common Shares Outstanding, Assuming Dilution	762		773
Net Earnings Per Share, Basic	$	0.93	$	1.00
Net Earnings Per Share, Assuming Dilution	$	0.93	$	1.00

Schedule of Total Average Outstanding Stock Options Excluded from Diluted Earnings Per Share Calculation

The total average outstanding stock options that were excluded from the diluted earnings per share calculation because their effect was antidilutive is in the table below.

	First Quarters
	2021	2020
Antidilutive Stock Options Excluded from Diluted EPS (Millions)	1	1

Schedule of Share Repurchased by the Company

During first quarters 2021 and 2020, the Company engaged in the following repurchase activities:

	First Quarters
	2021		2020
Shares Repurchased (Millions)	6		9
Cost of Shares (Dollars in millions)	$	551	$	577