Earnings Per Share

3 Months Ended

Mar. 31, 2018

Earnings Per Share [Abstract]

Earnings Per Share

Note 4–EarningsPer Share

Basic and diluted earnings per share (“EPS”) were computed as follows:

	Three Months Ended
	March 31, 2018						March 31, 2017
(Shares in thousands, dollars in millions, except per share amounts)			Effect of						Effect of
	Basic		Dilution		Diluted		Basic		Dilution		Diluted
Shareholders' net income	$	915			$	915	$	598			$	598
Shares:
Weighted average		242,179				242,179		255,680				255,680
Common stock equivalents				3,609		3,609				4,094		4,094
Total shares		242,179		3,609		245,788		255,680		4,094		259,774
EPS	$	3.78	$	(0.06)	$	3.72	$	2.34	$	(0.04)	$	2.30

The following outstanding employee stock options were not included in the computation of diluted earnings per share for the three months endedMarch 31, 2018 and 2017 because their effect was anti-dilutive.

	Three Months Ended
	March 31,
(In millions)	2018	2017
Anti-dilutive options	0.9	2.5

The Company held approximately 52.9 million shares of common stock in Treasury as of March 31, 2018, and 39.9 million shares as of March 31, 2017.