Computation of Basic/Diluted Earnings Per Common Share (Tables)

3 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Schedule of computation of earnings per share

The following table sets forth the computation of basic and diluted earnings per common share (amounts in millions, except per share data): 

	For the Three Months Ended March 31,
	2020		2019
Numerator:
Consolidated net income	$	505	$	447
Denominator:
Denominator for basic earnings per common share—weighted-average common shares outstanding	769		764
Effect of potential dilutive common shares under the treasury stock method—employee stock options and awards	5		6
Denominator for basic earnings per common share—weighted-average dilutive common shares outstanding	774		770
Basic earnings per common share	$	0.66	$	0.58
Diluted earnings per common share	$	0.65	$	0.58

Schedule of antidilutive securities excluded from computation of earnings per share

Weighted-average shares excluded from the computation of diluted earnings per share were as follows (amounts in millions):

	For the Three Months Ended March 31,
	2020	2019
Restricted stock units and options with performance measures not yet met	3	3
Anti-dilutive employee stock options	6	6