Earnings Per Share

6 Months Ended

Jun. 30, 2016

NOTE 2. EARNINGS PER SHARE

A reconciliation of the numerators and denominators of basic and diluted earnings per share for the three and six months ended June 30, 2016 and 2015, is shown in the table below:

	Three months ended				Six months ended
	June 30,				June 30,
	2016		2015		2016		2015
Numerators
Numerator for basic earnings per share:
Net Income	$	3,515	$	3,184	$	7,400	$	6,523
Less: Net income attributable to noncontrolling interest		(107)		(102)		(189)		(178)
Net Income attributable to AT&T		3,408		3,082		7,211		6,345
Dilutive potential common shares:
Share-based payment		2		2		6		6
Numerator for diluted earnings per share	$	3,410	$	3,084	$	7,217	$	6,351
Denominators (000,000)
Denominator for basic earnings per share:
Weighted average number of common shares outstanding		6,174		5,204		6,173		5,204
Dilutive potential common shares:
Share-based payment (in shares)		21		16		20		16
Denominator for diluted earnings per share		6,195		5,220		6,193		5,220
Basic earnings per share attributable to AT&T	$	0.55	$	0.59	$	1.17	$	1.22
Diluted earnings per share attributable to AT&T	$	0.55	$	0.59	$	1.17	$	1.22