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Earnings Per Common Share (Tables)
12 Months Ended
Dec. 31, 2017
Earnings Per Common Share  
Earnings Per Common Share

                                                                                                                                                                                    

($ millions)

 

2017

 

2016

 

 


Net earnings

 

4 458

 

445

 

 


Dilutive impact of accounting for awards as equity-settled(1)

 

(1

)

(1

)

 


Net earnings – diluted

 

4 457

 

444

 

 


Net earnings attributable to common shareholders

 

4 458

 

434

 

 


Dilutive impact of accounting for awards as equity-settled(1)

 

(1

)

(1

)

 


Net earnings – diluted attributable to common shareholders

 

4 457

 

433

 

 



(millions of common shares)


 


 


 


 


 


 


Weighted average number of common shares

 

1 661

 

1 610

 

 


Dilutive securities:

 

 

 

 

 

 


 

Effect of share options

 

4

 

2

 

 


Weighted average number of diluted common shares

 

1 665

 

1 612

 

 



(dollars per common share)


 


 


 


 


 


 


Basic and diluted earnings per share

 

2.68

 

0.28

 

 


Basic and diluted earnings per share attributable to common shareholders

 

2.68

 

0.27

 

 


 

 

 

 

(1)          

Cash payment alternatives are accounted for as cash-settled plans. As these awards can be exchanged for common shares of the company, they are considered potentially dilutive and are included in the calculation of the company's diluted net earnings per share if they have a dilutive impact in the period. Accounting for these awards as equity-settled was determined to have a dilutive impact for the year ended December 31, 2017 and December 31, 2016.