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

3 Months Ended

Mar. 31, 2021

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,
	2021		2020
Numerator:
Consolidated net income	$	619	$	505
Denominator:
Denominator for basic earnings per common share—weighted-average common shares outstanding	775		769
Effect of dilutive stock options and awards under the treasury stock method	8		5
Denominator for basic earnings per common share—weighted-average dilutive common shares outstanding	783		774
Basic earnings per common share	$	0.80	$	0.66
Diluted earnings per common share	$	0.79	$	0.65

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,
	2021	2020
Restricted stock units with performance measures not yet met	3	3
Anti-dilutive employee stock options	2	6