Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 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.

	Second Quarters				Six Months
	2021		2020		2021		2020
Numerator (Dollars in millions):
Net Earnings	$	1,173	$	499	$	1,879	$	1,269
Denominator (Units in millions):
Average Common Shares Outstanding	2,270		2,297		2,276		2,306
Other Potentially Dilutive Common Shares	5		4		5		5
Average Common Shares Outstanding, Assuming Dilution	2,275		2,301		2,281		2,311
Net Earnings Per Share, Basic	$	0.52	$	0.22	$	0.83	$	0.55
Net Earnings Per Share, Assuming Dilution	$	0.52	$	0.22	$	0.82	$	0.55

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.

	Second Quarters		Six Months
	2021	2020	2021	2020
Antidilutive Stock Options Excluded from Diluted EPS (Millions)	2	7	2	5

Schedule of Share Repurchased by the Company

During second quarters and six months ended 2021 and 2020, the Company engaged in the following repurchase activities:

	Second Quarters				Six Months
	2021		2020		2021		2020
Shares Repurchased (Millions)(a)	22		2		40		29
Cost of Shares (Dollars in millions)	$	701	$	39	$	1,252	$	616

(a) For second quarter and six months 2021, shares repurchased includes 3 million shares that were purchased in June 2021, but were not retired until July 1st, 2021, due to timing of the stock split. These shares are reflected as outstanding as of June 30, 2021, on the consolidated statement of changes in shareholder's equity.