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Earnings Per Share
 6 Months Ended
Jun. 30, 2013
Notes to Condensed Consolidated Financial Statements [Abstract]  
Earnings Per Share
Earnings Per Share
 
Quarter Ended June 30,
 
Six Months Ended June 30,
(Dollars in millions, except per share amounts; shares in millions)
2013
 
2012
 
2013
 
2012
Net income attributable to common shareowners:
 
 
 
 
 
 
 
Net income from continuing operations
$
1,552

 
$
1,466

 
$
2,822

 
$
2,655

Net income (loss) from discontinued operations
8

 
(138
)
 
4

 
(997
)
Net income attributable to common shareowners
$
1,560

 
$
1,328

 
$
2,826

 
$
1,658

Basic weighted average number of shares outstanding
901.1

 
893.4

 
901.0

 
892.1

Stock awards
13.0

 
11.4

 
12.8

 
12.1

Diluted weighted average number of shares outstanding
914.1

 
904.8

 
913.8

 
904.2

Earnings (Loss) Per Share of Common Stock - Basic:
 
 
 
 
 
 
 
Net income from continuing operations
$
1.72

 
$
1.64

 
$
3.13

 
$
2.98

Net income (loss) from discontinued operations
0.01

 
(0.16
)
 
0.01

 
(1.12
)
Net income attributable to common shareowners
1.73

 
1.49

 
3.14

 
1.86

Earnings (Loss) Per Share of Common Stock - Diluted:
 
 
 
 
 
 
 
Net income from continuing operations
$
1.70

 
$
1.62

 
$
3.09

 
$
2.94

Net income (loss) from discontinued operations
0.01

 
(0.15
)
 
0.01

 
(1.10
)
Net income attributable to common shareowners
1.71

 
1.47

 
3.09

 
1.83



The computation of diluted earnings per share excludes the effect of the potential exercise of stock awards, including stock appreciation rights and stock options, when the average market price of the common stock is lower than the exercise price of the related stock awards during the period. These outstanding stock awards are not included in the computation of diluted earnings per share because the effect would be anti-dilutive. For the quarter ended June 30, 2013 there were no anti-dilutive stock awards excluded from the computation. For the quarter ended June 30, 2012, there were 6.2 million anti-dilutive stock awards excluded from the computation. For the six months ended June 30, 2013 and 2012 there were no anti-dilutive stock awards excluded from the computation. There was no impact on diluted earnings per share due to our equity unit offering in 2012.