Earnings Per Share

12 Months Ended

Dec. 31, 2015

EARNINGS PER SHARE



(dollars in millions, except per share amounts; shares in millions)	2015		2014		2013
Net income attributable to common shareowners:
Net income from continuing operations	$	3,996	$	6,066	$	5,265
Net income from discontinued operations	3,612		154		456
Net income attributable to common shareowners	$	7,608	$	6,220	$	5,721
Basic weighted average number of shares outstanding	872.7		898.3		901.0
Stock awards	10.5		13.3		14.1
Diluted weighted average number of shares outstanding	883.2		911.6		915.1
Earnings Per Share of Common Stock—Basic:
Net income from continuing operations	$	4.58	$	6.75	$	5.84
Net income from discontinued operations	4.14		0.17		0.51
Net income attributable to common shareowners	8.72		6.92		6.35
Earnings Per Share of Common Stock—Diluted:
Net income from continuing operations	$	4.53	$	6.65	$	5.75
Net income from discontinued operations	4.09		0.17		0.50
Net income attributable to common shareowners	8.61		6.82		6.25

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 have been anti-dilutive. For 2015 and 2014, there were 9.7 million and 3.5 million anti-dilutive stock awards excluded from the computation, respectively. For 2013, there were no anti-dilutive stock awards excluded from the computation.