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Earnings Per Common Share Attributable to Common Shareholders
9 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Earnings Per Common Share Attributable to Common Shareholders
Earnings Per Common Share Attributable to Common Shareholders
The following table provides the detailed calculation of EPS:
 
 
Three Months Ended
 
Nine Months Ended
(IN MILLIONS)
 
September 30,
2018

 
October 1,
2017

 
September 30,
2018

 
October 1,
2017

EPS Numerator––Basic
 
 
 
 
 
 
 
 
Income from continuing operations
 
$
4,111

 
$
2,858

 
$
11,562

 
$
9,064

Less: Net income attributable to noncontrolling interests
 
8

 
18

 
25

 
32

Income from continuing operations attributable to Pfizer Inc.
 
4,103

 
2,840

 
11,537

 
9,032

Less: Preferred stock dividends––net of tax
 

 

 
1

 
1

Income from continuing operations attributable to Pfizer Inc. common shareholders
 
4,103

 
2,839

 
11,536

 
9,032

Discontinued operations––net of tax
 
11

 

 
10

 
1

Net income attributable to Pfizer Inc. common shareholders
 
$
4,114

 
$
2,839

 
$
11,546

 
$
9,033

EPS Numerator––Diluted
 
 

 
 

 
 

 
 

Income from continuing operations attributable to Pfizer Inc. common shareholders and assumed conversions
 
$
4,103

 
$
2,840

 
$
11,537

 
$
9,032

Discontinued operations––net of tax, attributable to Pfizer Inc. common shareholders and assumed conversions
 
11

 

 
10

 
1

Net income attributable to Pfizer Inc. common shareholders and assumed conversions
 
$
4,114

 
$
2,840

 
$
11,546

 
$
9,034

EPS Denominator
 
 

 
 

 
 

 
 

Weighted-average number of common shares outstanding––Basic
 
5,875

 
5,951

 
5,899

 
5,972

Common-share equivalents: stock options, stock issuable under employee compensation plans, convertible preferred stock and accelerated share repurchase agreements
 
112

 
89

 
99

 
85

Weighted-average number of common shares outstanding––Diluted
 
5,986

 
6,041

 
5,998

 
6,057

Stock options that had exercise prices greater than the average market price of our common stock issuable under employee compensation plans(a)
 
5

 
47

 
3

 
47

(a) 
These common stock equivalents were outstanding for the periods presented, but were not included in the computation of diluted EPS for those periods because their inclusion would have had an anti-dilutive effect.