Annual report pursuant to Section 13 and 15(d)

EARNINGS PER SHARE (Tables)

v2.4.0.8
EARNINGS PER SHARE (Tables)
 12 Months Ended
Dec. 31, 2013
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):
 
 
2013
 
2012
 
2011
Numerator:
 
 
 
 
 
Net income attributable to common shareowners
$
4,372

 
$
807

 
$
3,804

Denominator:
 
 
 
 
 
Weighted average shares
937

 
957

 
977

Deferred compensation obligations
1

 
1

 
2

Vested portion of restricted shares
2

 
2

 
2

Denominator for basic earnings per share
940

 
960

 
981

Effect of dilutive securities:
 
 
 
 
 
Restricted performance units
7

 
8

 
9

Stock options
1

 
1

 
1

Denominator for diluted earnings per share
948

 
969

 
991

Basic earnings per share
$
4.65

 
$
0.84

 
$
3.88

Diluted earnings per share
$
4.61

 
$
0.83

 
$
3.84