XML 39 R24.htm IDEA: XBRL DOCUMENT v3.7.0.1
EARNINGS PER SHARE
3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
EARNINGS PER SHARE
 
Three Months Ended March 31,
(in millions, except share and per-share data)
2017

 
2016

Numerator (basic and diluted):
 
 
 
Net income

$320

 

$223

Less: Preferred stock dividends
7

 
7

Net income available to common stockholders

$313

 

$216

Denominator:
 
 
 
Weighted-average common shares outstanding - basic
509,451,450

 
528,070,648

Dilutive common shares: share-based awards
1,896,750

 
2,375,540

Weighted-average common shares outstanding - diluted
511,348,200

 
530,446,188

Earnings per common share:
 
 
 
Basic

$0.61

 

$0.41

Diluted
0.61

 
0.41


Potential dilutive common shares are excluded from the computation of diluted EPS in the periods where the effect would be antidilutive. The diluted EPS computation for the three months ended March 31, 2017 excluded 321,803 average share-based awards because their inclusion would have been antidilutive. The Company did not have any antidilutive shares for the three months ended March 31, 2016.