Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

v3.3.0.814
EARNINGS PER SHARE (Tables)
 9 Months Ended
Sep. 30, 2015
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 nine months ended September 30, 2015 and 2014 (in millions, except per share amounts):
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
2015
 
2014
 
2015
 
2014
Numerator:
 
 
 
 
 
 
 
Net income attributable to common shareowners
$
1,257

 
$
1,214

 
$
3,513

 
$
2,579

Denominator:
 
 
 
 
 
 
 
Weighted average shares
893

 
911

 
898

 
916

Deferred compensation obligations
1

 
1

 
1

 
1

Vested portion of restricted units
1

 
1

 
2

 
1

Denominator for basic earnings per share
895

 
913

 
901

 
918

Effect of dilutive securities:
 
 
 
 
 
 
 
Restricted units
7

 
8

 
6

 
8

Stock options
1

 
1

 
1

 
1

Denominator for diluted earnings per share
903

 
922

 
908

 
927

Basic earnings per share
$
1.40

 
$
1.33

 
$
3.90

 
$
2.81

Diluted earnings per share
$
1.39

 
$
1.32

 
$
3.87

 
$
2.78