Note 3: Earnings Per Share

3 Months Ended

Mar. 31, 2012

Notes to Condensed Consolidated Financial Statements [Abstract]

Note 3: Earnings Per Share

Note 3: Earnings Per Share

		Quarter Ended March 31,
(Dollars in millions, except per share amounts; shares in millions)		2012		2011
Net income from continuing operations		$	1,183	$	967
Net (loss) income from discontinued operations			(853)		45
	Net income attributable to common shareowners	$	330	$	1,012
Basic weighted average number of shares outstanding			890.9		898.7
Stock awards			13.0		16.2
	Diluted weighted average number of shares outstanding		903.9		914.9
Earnings (Loss) Per Share of Common Stock - Basic:
	Net income from continuing operations	$	1.33	$	1.08
	Net (loss) income from discontinued operations		(0.96)		0.05
	Net income attributable to common shareowners		0.37		1.13
Earnings (Loss) Per Share of Common Stock - Diluted:
	Net income from continuing operations	$	1.31	$	1.06
	Net (loss) income from discontinued operations		(0.94)		0.05
	Net income attributable to common shareowners		0.36		1.11

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 quarters ended March 31, 2012 and 2011, there were no anti-dilutive stock awards excluded from the computation.