Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

v3.8.0.1
EARNINGS PER SHARE (Tables)
 9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Schedule of Calculation of Numerator and Denominator in Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share for the three and nine months ended September 30, 2017 and 2016 (in millions, except per share amounts):
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
2017
 
2016
 
2017
 
2016
Numerator:
 
 
 
 
 
 
 
Net income attributable to common shareowners
$
1,264

 
$
1,270

 
$
3,806

 
$
3,670

Denominator:
 
 
 
 
 
 
 
Weighted average shares
864

 
876

 
867

 
880

Deferred compensation obligations
1

 
1

 
1

 
1

Vested portion of restricted units
4

 
3

 
4

 
4

Denominator for basic earnings per share
869

 
880

 
872

 
885

Effect of dilutive securities:
 
 
 
 
 
 
 
Restricted units
4

 
4

 
3

 
3

Stock options
1

 
1

 
1

 
1

Denominator for diluted earnings per share
874

 
885

 
876

 
889

Basic earnings per share
$
1.45

 
$
1.44

 
$
4.36

 
$
4.15

Diluted earnings per share
$
1.45

 
$
1.44

 
$
4.34

 
$
4.13