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Earnings Per Share of Common Stock (Tables)
3 Months Ended
Mar. 31, 2018
Earnings Per Share of Common Stock  
Computation of basic and diluted earnings per share

 

 

 

For the Three Months Ended

 

 

 

March 31, 2018

 

March 31, 2017

 

Number of shares on which basic earnings per share is calculated:

 

 

 

 

 

Weighted-average shares outstanding during period

 

920,680,222

 

942,440,901

 

Add — Incremental shares under stock-based compensation plans

 

3,553,104

 

4,213,258

 

Add — Incremental shares associated with contingently issuable shares

 

1,176,108

 

1,182,047

 

 

 

 

 

 

 

Number of shares on which diluted earnings per share is calculated

 

925,409,434

 

947,836,207

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations (millions)

 

$

1,675

 

$

1,753

 

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

 

4

 

(3

)

 

 

 

 

 

 

Net income on which basic earnings per share is calculated (millions)

 

$

1,679

 

$

1,750

 

 

 

 

 

 

 

 

 

Income from continuing operations (millions)

 

$

1,675

 

$

1,753

 

Net income applicable to contingently issuable shares (millions)

 

 

 

 

 

 

 

 

 

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

 

$

1,675

 

$

1,753

 

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

 

4

 

(3

)

 

 

 

 

 

 

Net income on which diluted earnings per share is calculated (millions)

 

$

1,679

 

$

1,750

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings/(loss) per share of common stock:

 

 

 

 

 

Assuming dilution

 

 

 

 

 

Continuing operations

 

$

1.81

 

$

1.85

 

Discontinued operations

 

0.00

 

0.00

 

 

 

 

 

 

 

Total

 

$

1.81

 

$

1.85

 

 

 

 

 

 

 

 

 

Basic

 

 

 

 

 

Continuing operations

 

$

1.82

 

$

1.86

 

Discontinued operations

 

0.00

 

0.00

 

 

 

 

 

 

 

Total

 

$

1.82

 

$

1.86