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Earnings Per Share
3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
Earnings Per Share
 
Quarter Ended March 31,
(Dollars in millions, except per share amounts; shares in millions)
2015
 
2014
Net income attributable to common shareowners
$
1,426

 
$
1,213

 
 
 
 
Basic weighted average number of shares outstanding
890.3

 
900.9

Stock awards and equity units
13.9

 
16.1

Diluted weighted average number of shares outstanding
904.2

 
917.0

Earnings Per Share of Common Stock:
 
 
 
Basic
$
1.60

 
$
1.35

Diluted
1.58

 
1.32


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 March 31, 2015, the number of stock awards excluded from the computation was approximately 0.4 million. There were no anti-dilutive stock awards excluded from the computation for the quarter ended March 31, 2014.