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EARNINGS PER COMMON SHARE COMPUTATION
12 Months Ended
Dec. 31, 2013
EARNINGS PER COMMON SHARE COMPUTATION

13. EARNINGS PER COMMON SHARE COMPUTATION

Detail supporting the computation of basic and diluted earnings per common share was as follows for the years ended December 31, 2013, 2012 and 2011:

 

     2013      2012      2011  
     (dollars in millions, except per
common share results, number of
shares/options in thousands)
 

Net income available for common stockholders

   $ 1,231       $ 1,222       $ 1,419   
  

 

 

    

 

 

    

 

 

 

Weighted-average outstanding shares of common stock used to compute basic earnings per common share

     157,503         161,484         165,413   

Dilutive effect of:

        

Employee stock options

     322         576         959   

Restricted stock

     1,326         1,397         1,455   
  

 

 

    

 

 

    

 

 

 

Shares used to compute diluted earnings per common share

     159,151         163,457         167,827   
  

 

 

    

 

 

    

 

 

 

Basic earnings per common share

   $ 7.81       $ 7.56       $ 8.58   
  

 

 

    

 

 

    

 

 

 

Diluted earnings per common share

   $ 7.73       $ 7.47       $ 8.46   
  

 

 

    

 

 

    

 

 

 

Number of antidilutive stock options and restricted stock awards excluded from computation

     704         754         864