Earnings Per Share

3 Months Ended

Mar. 31, 2015

Earnings Per Share [Abstract]

Earnings Per Share

EARNINGS PER SHARE

We calculate basic earnings per share by dividing net income by the weighted average number of common shares outstanding, excluding restricted shares. Antidilutive common stock equivalents excluded from the diluted earnings per share calculation are not material. The following table shows the computation of basic and diluted earnings per share:

	Three Months Ended March 31,
(in millions, except per share data)	2015		2014
Net income	$	746	$	213
Basic weighted average shares outstanding	818		844
Dilutive effect of share-based awards	8		9
Diluted weighted average shares outstanding	826		853
Basic earnings per share	$	0.91	$	0.25
Diluted earnings per share	$	0.90	$	0.25