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Earnings Per Share
9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
The components of basic and diluted earnings per share (“EPS”) for common stock were as follows:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2015
 
2014
 
2015
 
2014
 
(in millions, except per share data)
Numerator:
 
 
 
 
 
 
 
Net income
$
977

 
$
1,015

 
$
2,918

 
$
2,816

Denominator:
 
 
 
 
 
 
 
Basic weighted-average shares outstanding
1,130

 
1,157

 
1,136

 
1,169

Dilutive stock options and stock units
3

 
3

 
3

 
3

Diluted weighted-average shares outstanding 1
1,133

 
1,160

 
1,139

 
1,172

Earnings per Share:
 
 
 
 
 
 
 
Basic
$
0.86

 
$
0.88

 
$
2.57

 
$
2.41

Diluted
$
0.86

 
$
0.87

 
$
2.56

 
$
2.40



1 For the periods presented, the calculation of diluted EPS excluded a minimal amount of anti-dilutive share-based payment awards.