Net income per share

6 Months Ended

Jun. 30, 2015

Net income per share

8. Net income per share

					Six Months
	Second Quarter				to June 30
	2015		2014		2015		2014
Net income per common share - basic
Net income (millions of dollars)		120		1,232		541		2,178
Weighted average number of common shares outstanding (millions of shares)		847.6		847.6		847.6		847.6
Net income per common share (dollars)		0.14		1.45		0.64		2.57
Net income per common share - diluted
Net income (millions of dollars)		120		1,232		541		2,178
Weighted average number of common shares outstanding (millions of shares)		847.6		847.6		847.6		847.6
Effect of share-based awards (millions of shares)		3.1		3.1		3.0		3.0
Weighted average number of common shares outstanding, assuming dilution (millions of shares)		850.7		850.7		850.6		850.6
Net income per common share (dollars)		0.14		1.45		0.64		2.56