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Earnings Per Share of Common Stock (Tables)
3 Months Ended
Mar. 31, 2019
Earnings Per Share of Common Stock  
Computation of basic and diluted earnings per share

 

 

 

For the Three Months Ended

 

 

 

March 31, 2019

 

March 31, 2018

 

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

 

 

 

 

 

Weighted-average shares outstanding during period

 

889,581,542

 

920,680,222

 

Add — Incremental shares under stock-based compensation plans

 

3,372,460

 

3,553,104

 

Add — Incremental shares associated with contingently issuable shares

 

956,524

 

1,176,108

 

 

 

 

 

 

 

Number of shares on which diluted earnings per share is calculated

 

893,910,526

 

925,409,434

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations (millions)

 

$

1,593

 

$

1,675

 

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

 

(2

)

4

 

 

 

 

 

 

 

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

 

$

1,591

 

$

1,679

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations (millions)

 

$

1,593

 

$

1,675

 

Net income applicable to contingently issuable shares (millions)

 

 

 

 

 

 

 

 

 

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

 

$

1,593

 

$

1,675

 

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

 

(2

)

4

 

 

 

 

 

 

 

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

 

$

1,591

 

$

1,679

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings/(loss) per share of common stock:

 

 

 

 

 

Assuming dilution

 

 

 

 

 

Continuing operations

 

$

1.78

 

$

1.81

 

Discontinued operations

 

0.00

 

0.00

 

 

 

 

 

 

 

Total

 

$

1.78

 

$

1.81

 

 

 

 

 

 

 

 

 

Basic

 

 

 

 

 

Continuing operations

 

$

1.79

 

$

1.82

 

Discontinued operations

 

0.00

 

0.00

 

 

 

 

 

 

 

Total

 

$

1.79

 

$

1.82