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Earnings Per Share of Common Stock (Tables)
6 Months Ended
Jun. 30, 2020
Earnings Per Share of Common Stock  
Computation of basic and diluted earnings per share

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​

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For the Three Months Ended

​

    

June 30, 2020

    

June 30, 2019

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

 

​

  

 

​

  

Weighted-average shares outstanding during period

 

​

889,435,166

 

​

886,273,682

Add — Incremental shares under stock-based compensation plans

 

​

4,290,365

 

​

3,281,570

Add — Incremental shares associated with contingently issuable shares

 

​

1,213,549

 

​

1,276,549

Number of shares on which diluted earnings per share is calculated

 

​

894,939,080

 

​

890,831,801

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​

​

​

​

​

​

Income from continuing operations (millions)

​

$

1,362

​

$

2,499

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

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(1)

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(1)

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

​

$

1,361

​

$

2,498

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​

​

​

​

​

​

Income from continuing operations (millions)

​

$

1,362

​

$

2,499

Net income applicable to contingently issuable shares (millions)

​

 

—

​

 

0

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

​

$

1,362

​

$

2,500

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

​

 

(1)

​

 

(1)

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

​

$

1,361

​

$

2,499

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​

​

​

​

​

​

Earnings/(loss) per share of common stock:

​

 

  

​

 

  

Assuming dilution

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​

 

  

Continuing operations

​

$

1.52

​

$

2.81

Discontinued operations

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0.00

​

 

0.00

Total

​

$

1.52

​

$

2.81

Basic

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​

 

  

Continuing operations

​

$

1.53

​

$

2.82

Discontinued operations

​

 

0.00

​

 

0.00

Total

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$

1.53

​

$

2.82

​

​

​

​

​

​

​

​

​

​

For the Six Months Ended

​

    

June 30, 2020

    

June 30, 2019

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

 

​

  

 

​

  

Weighted-average shares outstanding during period

 

​

888,702,256

 

​

887,927,612

Add — Incremental shares under stock-based compensation plans

 

​

5,015,390

 

​

3,327,015

Add — Incremental shares associated with contingently issuable shares

 

​

1,271,513

 

​

1,116,537

Number of shares on which diluted earnings per share is calculated

 

​

894,989,159

 

​

892,371,164

​

​

​

​

​

​

​

Income from continuing operations (millions)

​

$

2,538

​

$

4,093

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

​

 

(2)

​

 

(4)

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

​

$

2,536

​

$

4,089

​

​

​

​

​

​

​

Income from continuing operations (millions)

​

$

2,538

​

$

4,093

Net income applicable to contingently issuable shares (millions)

​

 

(2)

​

 

0

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

​

$

2,536

​

$

4,093

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)

​

$

2,534

​

$

4,090

​

​

​

​

​

​

​

Earnings/(loss) per share of common stock:

​

 

  

​

 

  

Assuming dilution

​

 

  

​

 

  

Continuing operations

​

$

2.83

​

$

4.58

Discontinued operations

​

 

0.00

​

 

0.00

Total

​

$

2.83

​

$

4.58

Basic

​

 

  

​

 

  

Continuing operations

​

$

2.85

​

$

4.61

Discontinued operations

​

 

0.00

​

 

0.00

Total

​

$

2.85

​

$

4.61