Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2018

Earnings Per Share

Calculation of basic and diluted EPS

The following table presents the calculation of basic and diluted EPS for the three months ended March 31, 2018, and 2017 (in millions, except per-share amounts):

	Three months ended  March 31
	2018		2017
Basic EPS
Net Income	$	708	$	117
Less: Net income allocated to participating securities		(3)		—
Net  Income, net of participating securities		705		117
Weighted average number of basic shares		765.6		764.4
Basic EPS	$	0.92	$	0.15
Diluted EPS
Net income, net of participating securities	$	705	$	117
Weighted average number of basic shares		765.6		764.4
Dilutive effect of potentially dilutive securities		1.4		0.8
Total diluted weighted average common shares		767.0		765.2
Diluted EPS	$	0.92	$	0.15