NET INCOME PER SHARE

6 Months Ended

Jun. 30, 2017

Earnings Per Share [Abstract]

NET INCOME PER SHARE

NET INCOME PER SHARE

The following table sets forth the computation of basic and diluted net income per share (in millions, except per share amounts):

	Three months ended June 30,				Six months ended June 30,
	2017		2016		2017		2016
NUMERATOR:
Net income	$	746	$	820	$	1,097	$	1,333
Incremental income effect of interest on 5.25% convertible notes	—		1		—		2
Net income after assumed conversion	$	746	$	821	$	1,097	$	1,335
DENOMINATOR:
Weighted-average shares outstanding, basic	604		632		608		637
Dilutive effect of Employee stock options and restricted stock units	1		1		2		1
Dilutive effect of 5.25% convertible notes	—		6		—		6
Adjusted weighted-average shares outstanding, diluted	605		639		610		644
NET INCOME PER SHARE:
Basic	$	1.24	$	1.30	$	1.80	$	2.09
Diluted	$	1.23	$	1.28	$	1.80	$	2.07