Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2019

Earnings Per Share

Calculation of Earnings Per Share and the Reconciliation of Earnings Per Share to Earnings Per Diluted Share

The following table provides the calculation of earnings per share and the reconciliation of earnings per share and earnings per diluted share:
		2019				2018
For the three months ended March 31,			Average	Per Share		Average	Per Share
(in millions, except per share data)		Income	Shares	Amount	Income	Shares	Amount
Earnings Per Share:
Net income available to common shareholders	$	760			686
Less: Income allocated to participating securities		8			8
Net income allocated to common shareholders	$	752	661	1.14	678	690	0.98
Earnings Per Diluted Share:
Net income available to common shareholders	$	760			686
Effect of dilutive securities:
Stock-based awards		-	10		-	14
Net income available to common shareholders		760			686
plus assumed conversions
Less: Income allocated to participating securities		8			8
Net income allocated to common shareholders
plus assumed conversions	$	752	671	1.12	678	704	0.96