NET INCOME PER SHARE

9 Months Ended

Sep. 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 September 30,				Nine months ended September 30,
	2017		2016		2017		2016
NUMERATOR:
Net income	$	503	$	388	$	1,600	$	1,722
Incremental income effect of interest on 5.25% convertible notes	—		1		—		2
Net income after assumed conversion	$	503	$	389	$	1,600	$	1,724
DENOMINATOR:
Weighted-average shares outstanding, basic	597		618		605		630
Dilutive effect of Employee stock options and restricted stock units	1		1		1		2
Dilutive effect of 5.25% convertible notes	—		6		—		6
Adjusted weighted-average shares outstanding, diluted	598		625		606		638
NET INCOME PER SHARE:
Basic	$	0.84	$	0.63	$	2.65	$	2.73
Diluted	$	0.84	$	0.62	$	2.64	$	2.70