Annual report pursuant to Section 13 and 15(d)

EARNINGS PER SHARE (Tables)

v3.19.3.a.u2
EARNINGS PER SHARE (Tables)
 12 Months Ended
Dec. 31, 2019
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): 
 
2019
 
2018
 
2017
Numerator:
 
 
 
 
 
Net income attributable to common shareowners
$
4,440

 
$
4,791

 
$
4,905

Denominator:
 
 
 
 
 
Weighted-average shares
859

 
860

 
865

Deferred compensation obligations
—

 
1

 
1

Vested portion of restricted shares
5

 
5

 
5

Denominator for basic earnings per share
864

 
866

 
871

Effect of Dilutive Securities:
 
 
 
 
 
Restricted performance units
5

 
4

 
3

Stock options
—

 
—

 
1

Denominator for diluted earnings per share
869

 
870

 
875

Basic Earnings Per Share
$
5.14

 
$
5.53

 
$
5.63

Diluted Earnings Per Share
$
5.11

 
$
5.51

 
$
5.61