Earnings Per Share



	Quarter Ended June 30,					Six Months Ended June 30,
(Dollars in millions, except per share amounts; shares in millions)	2017		2016			2017		2016
Net income attributable to common shareowners:
Net income from continuing operations	$	1,439	$	1,426		$	2,825	$	2,598
Loss from discontinued operations	—		(47		)	—		(36		)
Net income attributable to common shareowners	$	1,439	$	1,379		$	2,825	$	2,562
Basic weighted average number of shares outstanding	788.7		825.3			791.1		825.1
Stock awards and equity units	9.5		8.3			9.3		7.4
Diluted weighted average number of shares outstanding	798.2		833.6			800.4		832.5
Earnings (Loss) Per Share of Common Stock - Basic:
Net income from continuing operations	$	1.83	$	1.73		$	3.57	$	3.15
Loss from discontinued operations	—		(0.06		)	—		(0.04		)
Net income attributable to common shareowners	1.83		1.67			3.57		3.11
Earnings (Loss) Per Share of Common Stock - Diluted:
Net income from continuing operations	$	1.80	$	1.71		$	3.53	$	3.12
Loss from discontinued operations	—		(0.06		)	—		(0.04		)
Net income attributable to common shareowners	1.80		1.65			3.53		3.08

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 because the effect would be anti-dilutive. For the quarter and six months ended June 30, 2017, the number of stock awards excluded from the computation was approximately 5.8 million and 6.4 million, respectively. For the quarter and six months ended June 30, 2016, the number of stock awards excluded from the computation was approximately 12.7 million and 14.9 million, respectively.