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EARNINGS PER SHARE OF COMMON STOCK (Tables)
12 Months Ended
Dec. 31, 2017
EARNINGS PER SHARE OF COMMON STOCK  
Computation of basic and diluted earnings per share

 

($ in millions except per share amounts)

 

For the year ended December 31:

 

2017

 

2016

 

2015

 

Weighted-average number of shares on which earnings per share calculations are based

 

 

 

 

 

 

 

Basic

 

932,828,295

 

955,422,530

 

978,744,523

 

Add—incremental shares under stock-based compensation plans

 

3,094,373

 

2,416,940

 

3,037,001

 

Add—incremental shares associated with contingently issuable shares

 

1,462,957

 

874,626

 

918,744

 

 

 

 

 

 

 

 

 

Assuming dilution

 

937,385,625

 

958,714,097

 

982,700,267

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

5,758

 

$

11,881

 

$

13,364

 

Loss from discontinued operations, net of tax

 

(5

)

(9

)

(174

)

 

 

 

 

 

 

 

 

Net income on which basic earnings per share is calculated

 

$

5,753

 

$

11,872

 

$

13,190

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

5,758

 

$

11,881

 

$

13,364

 

Net income applicable to contingently issuable shares

 

(2

)

0

 

(1

)

Income from continuing operations on which diluted earnings per share is calculated

 

$

5,756

 

$

11,881

 

$

13,363

 

Loss from discontinued operations, net of tax, on which basic and diluted earnings per share is calculated

 

(5

)

(9

)

(174

)

 

 

 

 

 

 

 

 

Net income on which diluted earnings per share is calculated

 

$

5,752

 

$

11,872

 

$

13,189

 

 

 

 

 

 

 

 

 

 

 

 

Earnings/(loss) per share of common stock

 

 

 

 

 

 

 

Assuming dilution

 

 

 

 

 

 

 

Continuing operations

 

$

6.14

 

$

12.39

 

$

13.60

 

Discontinued operations

 

0.00

 

(0.01

)

(0.18

)

 

 

 

 

 

 

 

 

Total

 

$

6.14

 

$

12.38

 

$

13.42

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

 

 

 

 

 

Continuing operations

 

$

6.17

 

$

12.44

 

$

13.66

 

Discontinued operations

 

0.00

 

(0.01

)

(0.18

)

 

 

 

 

 

 

 

 

Total

 

$

6.17

 

$

12.43

 

$

13.48