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Common and Preferred Shares and Warrants (Tables)
12 Months Ended
Dec. 31, 2011
Stockholders' Equity Note [Abstract]  
Authorized shares and a reconciliation of common shares issued and outstanding

The following table shows authorized shares and provides a reconciliation of common shares issued and outstanding for the years ended December 31:

(Millions, except where indicated) 2011 2010 2009
Common shares authorized (billions)(a) 3.6 3.6 3.6
        
Shares issued and outstanding at beginning of      
 year 1,197  1,192  1,160
(Repurchases) Issuances of common shares (48)  (14)  22
Other, primarily stock option exercises      
 and restricted stock awards granted 15  19  10
Shares issued and outstanding as of      
 December 31 1,164  1,197  1,192

  • Of the common shares authorized but unissued as of December 31, 2011, approximately 90 million shares were reserved for issuance under employee stock and employee benefit plans