Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2020

The following table sets forth the calculation of basic and diluted earnings per share:


	Basic				Diluted
	Third Quarter
	2020		2019		2020		2019
	($ in millions, except per share amounts, shares in millions)

Net income	$	569	$	657	$	569	$	657
Dividend equivalent payments	(2)		(1)		(1)		—

Income available to common stockholders	$	567	$	656	$	568	$	657

Weighted-average shares outstanding	254.6		262.1		254.6		262.1

Dilutive effect of outstanding options and share-settled awards					1.5		2.2

Adjusted weighted-average shares outstanding					256.1		264.3

Earnings per share	$	2.23	$	2.50	$	2.22	$	2.49

	Basic				Diluted
	First Nine Months
	2020		2019		2020		2019
	($ in millions, except per share amounts, shares in millions)

Net income	$	1,342	$	2,056	$	1,342	$	2,056
Dividend equivalent payments	(3)		(4)		(2)		—

Income available to common stockholders	$	1,339	$	2,052	$	1,340	$	2,056

Weighted-average shares outstanding	255.7		264.6		255.7		264.6

Dilutive effect of outstanding options and share-settled awards					1.5		2.3

Adjusted weighted-average shares outstanding					257.2		266.9

Earnings per share	$	5.24	$	7.76	$	5.21	$	7.70