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EARNINGS PER SHARE OF COMMON STOCK (Tables)
12 Months Ended
Dec. 31, 2016
EARNINGS PER SHARE OF COMMON STOCK  
Computation of basic and diluted earnings per share

 

($ in millions except per share amounts)

 

For the year ended December 31:

 

2016

 

2015

 

2014

 

Weighted-average number of shares on which earnings per share calculations are based

 

 

 

 

 

 

 

Basic

 

955,422,530

 

978,744,523

 

1,004,272,584

 

Add—incremental shares under stock-based compensation plans

 

2,416,940

 

3,037,001

 

4,332,155

 

Add—incremental shares associated with contingently issuable shares

 

874,626

 

918,744

 

1,395,741

 

 

 

 

 

 

 

 

 

Assuming dilution

 

958,714,097

 

982,700,267

 

1,010,000,480

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

11,881

 

$

13,364

 

$

15,751

 

Loss from discontinued operations, net of tax

 

(9

)

(174

)

(3,729

)

 

 

 

 

 

 

 

 

Net income on which basic earnings per share is calculated

 

$

11,872

 

$

13,190

 

$

12,022

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

11,881

 

$

13,364

 

$

15,751

 

Net income applicable to contingently issuable shares

 

0

 

(1

)

(3

)

Income from continuing operations on which diluted earnings per share is calculated

 

$

11,881

 

$

13,363

 

$

15,749

 

Loss from discontinued operations, net of tax, on which basic and diluted earnings per share is calculated

 

(9

)

(174

)

(3,729

)

 

 

 

 

 

 

 

 

Net income on which diluted earnings per share is calculated

 

$

11,872

 

$

13,189

 

$

12,020

 

 

 

 

 

 

 

 

 

 

 

 

Earnings/(loss) per share of common stock

 

 

 

 

 

 

 

Assuming dilution

 

 

 

 

 

 

 

Continuing operations

 

$

12.39

 

$

13.60

 

$

15.59

 

Discontinued operations

 

(0.01

)

(0.18

)

(3.69

)

 

 

 

 

 

 

 

 

Total

 

$

12.38

 

$

13.42

 

$

11.90

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

 

 

 

 

 

Continuing operations

 

$

12.44

 

$

13.66

 

$

15.68

 

Discontinued operations

 

(0.01

)

(0.18

)

(3.71

)

 

 

 

 

 

 

 

 

Total

 

$

12.43

 

$

13.48

 

$

11.97