Earnings Per Share

3 Months Ended

Mar. 31, 2019

Earnings Per Share [Abstract]

Earnings Per Share

Note 5–EarningsPer Share (“EPS”)

Basic and diluted earnings per share were computed as follows:

	Three Months Ended
	March 31, 2019						March 31, 2018
(Shares in thousands, dollars in millions, except per share amounts)			Effect of						Effect of
	Basic		Dilution		Diluted		Basic		Dilution		Diluted
Shareholders’ net income	$	1,368			$	1,368	$	915			$	915
Shares:
Weighted average		379,387				379,387		242,179				242,179
Common stock equivalents				4,637		4,637				3,609		3,609
Total shares		379,387		4,637		384,024		242,179		3,609		245,788
EPS	$	3.61	$	(0.05)	$	3.56	$	3.78	$	(0.06)	$	3.72

The following outstanding employee stock options were not included in the computation of diluted earnings per share because their effect was anti-dilutive.

	Three Months Ended
	March 31,
(In millions)	2019	2018
Anti-dilutive options	2.8	0.9