Earnings Per Share

3 Months Ended

Mar. 31, 2017

Earnings Per Share [Abstract]

Earnings Per Share

Note 4–Earnings Per Share (“EPS”)

Basic and diluted earnings per share were computed as follows:

	Three Months Ended
	March 31, 2017						March 31, 2016
(Shares in thousands, dollars in millions, except per share amounts)			Effect of						Effect of
	Basic		Dilution		Diluted		Basic		Dilution		Diluted
Shareholders' net income	$	598			$	598	$	519			$	519
Shares:
Weighted average		255,680				255,680		254,822				254,822
Common stock equivalents				4,094		4,094				4,625		4,625
Total shares		255,680		4,094		259,774		254,822		4,625		259,447
EPS	$	2.34	$	(0.04)	$	2.30	$	2.04	$	(0.04)	$	2.00

The followingoutstanding employee stock options were notincluded in the computation of diluted earnings per share for the three months ended March 31, 2017 and 2016 because their effect was anti-dilutive.

	Three Months Ended
(In millions)	March 31, 2017	March 31, 2016
Anti-dilutive options	2.5	1.3

The Company held 39,928,289shares of common stock in Treasury as of March 31, 2017, and 39,638,264 shares as of March 31, 2016.