Annual report pursuant to Section 13 and 15(d)

EARNINGS PER SHARE (Tables)

v2.4.0.6
EARNINGS PER SHARE (Tables)
 12 Months Ended
Dec. 31, 2012
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):
 
 
2012
 
2011
 
2010
Numerator:
 
 
 
 
 
Net income attributable to common shareowners
$
807

 
$
3,804

 
$
3,338

Denominator:
 
 
 
 
 
Weighted average shares
957

 
977

 
991

Deferred compensation obligations
1

 
2

 
2

Vested portion of restricted shares
2

 
2

 
1

Denominator for basic earnings per share
960

 
981

 
994

Effect of dilutive securities:
 
 
 
 
 
Restricted performance units
3

 
3

 
3

Restricted stock units
5

 
6

 
6

Stock options
1

 
1

 
—

Denominator for diluted earnings per share
969

 
991

 
1,003

Basic earnings per share
$
0.84

 
$
3.88

 
$
3.36

Diluted earnings per share
$
0.83

 
$
3.84

 
$
3.33