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Earnings Per Share
 9 Months Ended
Sep. 30, 2012
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
EARNINGS PER SHARE

We calculate basic earnings per share by dividing net income by the weighted average number of common shares outstanding. Shares issuable upon the satisfaction of certain conditions are considered outstanding and included in the computation of basic earnings per share. The following table shows the computation of basic and diluted earnings per share:
 
Three Months Ended September 30,
Nine Months Ended September 30,
(in millions, except per share data)
2012
2011
2012
2011
Net income
$
1,047

$
549

$
1,003

$
429

 
 
 
 
 
Basic weighted average shares outstanding
846

838

845

838

Dilutive effect of share based awards
4

6

4

6

Diluted weighted average shares outstanding
850

844

849

844

 
 
 
 
 
Basic earnings per share
$
1.24

$
0.66

$
1.19

$
0.51

Diluted earnings per share
$
1.23

$
0.65

$
1.18

$
0.51

 
 
 
 
 
Antidilutive common stock equivalents excluded from diluted earnings per share
19

26

19

25