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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2017
Earnings Per Share  
Common Share Data Used for Computing Basic and Diluted Earnings Per Share

Basic and diluted earnings per share were computed using the following common share data (shares in millions):

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

September 30, 

 

September 30, 

 

    

2017

    

2016

    

2017

    

2016

Number of common shares outstanding at end of period

 

434.2

 

442.0

 

434.2

 

442.0

Effect of using weighted average common shares outstanding

 

3.6

 

0.9

 

6.1

 

2.3

Weighted average basic common shares outstanding

 

437.8

 

442.9

 

440.3

 

444.3

Dilutive effect of equity-based compensation awards and other contingently issuable shares (a)

 

3.0

 

2.8

 

3.0

 

2.8

Weighted average diluted common shares outstanding

 

440.8

 

445.7

 

443.3

 

447.1

Potentially issuable shares

 

8.2

 

9.2

 

8.2

 

9.2

Number of anti-dilutive potentially issuable shares excluded from diluted common shares outstanding

 

1.9

 

0.5

 

2.3

 

0.5


As of January 1, 2017, we adopted ASU 2016‑09 prospectively and no longer include excess tax benefits as assumed proceeds. See Note 1 for further discussion