Annual report pursuant to Section 13 and 15(d)

EARNINGS PER SHARE (Tables)

v3.6.0.2
EARNINGS PER SHARE (Tables)
 12 Months Ended
Dec. 31, 2016
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):
 
 
2016
 
2015
 
2014
Numerator:
 
 
 
 
 
Net income attributable to common shareowners
$
3,431

 
$
4,844

 
$
3,032

Denominator:
 
 
 
 
 
Weighted-average shares
878

 
896

 
913

Deferred compensation obligations
1

 
1

 
1

Vested portion of restricted shares
4

 
4

 
2

Denominator for basic earnings per share
883

 
901

 
916

Effect of Dilutive Securities:
 
 
 
 
 
Restricted performance units
3

 
4

 
7

Stock options
1

 
1

 
1

Denominator for diluted earnings per share
887

 
906

 
924

Basic Earnings Per Share
$
3.89

 
$
5.38

 
$
3.31

Diluted Earnings Per Share
$
3.87

 
$
5.35

 
$
3.28