Annual report pursuant to Section 13 and 15(d)

EARNINGS PER SHARE (Tables)

v3.3.1.900
EARNINGS PER SHARE (Tables)
 12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share (in millions, except per share amounts):
 
 
2015
 
2014
 
2013
Numerator:
 
 
 
 
 
Net income attributable to common shareowners
$
4,844

 
$
3,032

 
$
4,372

Denominator:
 
 
 
 
 
Weighted average shares
896

 
913

 
937

Deferred compensation obligations
1

 
1

 
1

Vested portion of restricted shares
4

 
2

 
2

Denominator for basic earnings per share
901

 
916

 
940

Effect of Dilutive Securities:
 
 
 
 
 
Restricted performance units
4

 
7

 
7

Stock options
1

 
1

 
1

Denominator for diluted earnings per share
906

 
924

 
948

Basic Earnings Per Share
$
5.38

 
$
3.31

 
$
4.65

Diluted Earnings Per Share
$
5.35

 
$
3.28

 
$
4.61