Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

v3.20.2
EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2020
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, 2020 and 2019 (in millions, except per share amounts):
  Three Months Ended
June 30,
Six Months Ended
June 30,
2020 2019 2020 2019
Numerator:
Net income attributable to common shareowners $ 1,768    $ 1,685    $ 2,733    $ 2,796   
Denominator:
Weighted average shares 862    860    860    860   
Deferred compensation obligations —    —    —     
Vested portion of restricted units        
Denominator for basic earnings per share 866    865    865    866   
Effect of dilutive securities:
Restricted units        
Stock options —    —    —    —   
Denominator for diluted earnings per share 869    869    869    869   
Basic earnings per share $ 2.04    $ 1.95    $ 3.16    $ 3.23   
Diluted earnings per share $ 2.03    $ 1.94    $ 3.14    $ 3.22