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Earnings Per Common Share (Tables)
6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings per Common Share
The following table sets forth the computation of basic and diluted earnings per common share (EPS) (in millions, except share and per share amounts):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2018
 
2017
 
2018
 
2017
Basic EPS:
 
 
 
 
 
 
 
Net income
$
566

 
$
864

 
$
753

 
$
1,204

Weighted average common shares outstanding (in thousands)
463,533

 
490,818

 
467,915

 
497,360

Basic EPS
$
1.22

 
$
1.76

 
$
1.61

 
$
2.42

 
 
 
 
 
 
 
 
Diluted EPS:
 
 
 
 
 
 
 
Net income for purposes of computing diluted EPS
$
566

 
$
864

 
$
753

 
$
1,204

Share computation for diluted EPS (in thousands):
 
 
 
 
 
 
 
Basic weighted average common shares outstanding
463,533

 
490,818

 
467,915

 
497,360

Dilutive effect of stock awards
1,085

 
2,147

 
1,693

 
3,021

Diluted weighted average common shares outstanding
464,618

 
492,965

 
469,608

 
500,381

Diluted EPS
$
1.22

 
$
1.75

 
$
1.60

 
$
2.41

 
 
 
 
 
 
 
 
Restricted stock unit awards excluded from the calculation of diluted EPS because inclusion would be antidilutive (in thousands)
1,690

 
837

 
845

 
616