Common Stock Issued and Outstanding

12 Months Ended

Dec. 31, 2015

Equity [Abstract]

Common Stock Issued and Outstanding

Note T – Common Stock Issued and Outstanding

Activity in the number of shares of Common Stock issued and outstanding for the three years ended December 31, 2015 is shown below.

(Number of shares outstanding)	2015	2014	2013
At beginning of year	177,499,513	183,406,513	190,641,317
Stock options exercised*	15,575	119,994	303,685
Restricted stock awards*	478,549	339,985	300,910
Employee stock purchase and thrift plans	8,387	6,739	16,020
Treasury shares purchased	(5,967,313)	(6,373,718)	(7,855,419)
At end of year	172,034,711	177,499,513	183,406,513

*Shares issued upon exercise of stock options and award of restricted stock are less than the amount reflected in Note J due to withholdings for statutory income taxes owed upon issuance of shares.