Earnings per Share (Tables)

6 Months Ended

Jun. 30, 2018

Earnings Per Share [Abstract]

Basic and Diluted Earnings per Common Share

Table 68: Basic and Diluted Earnings Per Common Share

	Three months ended June 30				Six months ended June 30
In millions, except per share data	2018		2017		2018		2017
Basic
Net income	$	1,356	$	1,097	$	2,595	$	2,171
Less:
Net income attributable to noncontrolling interests	10		10		20		27
Preferred stock dividends	55		55		118		118
Preferred discount accretion and redemptions	1		2		2		23
Net income attributable to common shares	1,290		1,030		2,455		2,003
Less:
Dividends and undistributed earnings allocated to participating securities	5		4		10		10
Net income attributable to basic common shares	$	1,285	$	1,026	$	2,445	$	1,993
Basic weighted-average common shares outstanding	469		484		471		486
Basic earnings per common share (a)	$	2.74	$	2.12	$	5.19	$	4.10
Diluted
Net income attributable to basic common shares	$	1,285	$	1,026	$	2,445	$	1,993
Less: Impact of BlackRock earnings per share dilution	3		1		5		5
Net income attributable to diluted common shares	$	1,282	$	1,025	$	2,440	$	1,988
Basic weighted-average common shares outstanding	469		484		471		486
Dilutive potential common shares	3		4		3		5
Diluted weighted-average common shares outstanding	472		488		474		491
Diluted earnings per common share (a)	$	2.72	$	2.10	$	5.15	$	4.05

(a) Basic and diluted earnings per share under the two-class method are determined on net income reported on the income statement less earnings allocated to nonvested restricted shares and restricted share units with nonforfeitable dividends and dividend rights (participating securities).