Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

v3.10.0.1
EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2018
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 six months ended June 30, 2018 and 2017 (in millions, except per share amounts):
 
Three Months Ended
June 30,
Six Months Ended
June 30,
2018
 
2017
2018
 
2017
Numerator:
 
 
 
 
 
 
Net income attributable to common shareowners
$
1,485

 
$
1,384

$
2,830

 
$
2,550

Denominator:
 
 
 
 
 
 
Weighted average shares
861

 
867

861

 
868

Deferred compensation obligations
1

 
1

1

 
1

Vested portion of restricted units
4

 
4

4

 
4

Denominator for basic earnings per share
866

 
872

866

 
873

Effect of dilutive securities:
 
 
 
 
 
 
Restricted units
3

 
3

3

 
3

Stock options
1

 
1

1

 
1

Denominator for diluted earnings per share
870

 
876

870

 
877

Basic earnings per share
$
1.71

 
$
1.59

$
3.27

 
$
2.92

Diluted earnings per share
$
1.71

 
$
1.58

$
3.25

 
$
2.91