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Earnings Per Share of Common Stock (Tables)
12 Months Ended
Dec. 31, 2018
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:

 

2018

 

2017

 

2016

 

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

 

 

 

 

 

 

 

Basic

 

912,048,072

 

932,828,295

 

955,422,530

 

Add — incremental shares under stock-based compensation plans

 

2,786,316

 

3,094,373

 

2,416,940

 

Add — incremental shares associated with contingently issuable shares

 

1,481,326

 

1,462,957

 

874,626

 

 

 

 

 

 

 

 

 

Assuming dilution

 

916,315,714

 

937,385,625

 

958,714,097

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

8,723

 

$

5,758

 

$

11,881

 

Income/(loss) from discontinued operations, net of tax

 

5

 

(5

)

(9

)

 

 

 

 

 

 

 

 

Net income on which basic earnings per share is calculated

 

$

8,728

 

$

5,753

 

$

11,872

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

8,723

 

$

5,758

 

$

11,881

 

Net income applicable to contingently issuable shares

 

(6

)

(2

)

0

 

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

 

$

8,718

 

$

5,756

 

$

11,881

 

Income/(loss) from discontinued operations, net of tax, on which basic and diluted earnings per share is calculated

 

5

 

(5

)

(9

)

 

 

 

 

 

 

 

 

Net income on which diluted earnings per share is calculated

 

$

8,722

 

$

5,752

 

$

11,872

 

 

 

 

 

 

 

 

 

 

 

 

Earnings/(loss) per share of common stock

 

 

 

 

 

 

 

Assuming dilution

 

 

 

 

 

 

 

Continuing operations

 

$

9.51

 

$

6.14

 

$

12.39

 

Discontinued operations

 

0.01

 

0.00

 

(0.01

)

 

 

 

 

 

 

 

 

Total

 

$

9.52

 

$

6.14

 

$

12.38

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

 

 

 

 

 

Continuing operations

 

$

9.56

 

$

6.17

 

$

12.44

 

Discontinued operations

 

0.01

 

0.00

 

(0.01

)

 

 

 

 

 

 

 

 

Total

 

$

9.57

 

$

6.17

 

$

12.43