Earnings Per Share of Common Stock (Tables)

9 Months Ended

Sep. 30, 2018

Earnings Per Share of Common Stock

Computation of basic and diluted earnings per share

	For the Three Months Ended
	September 30, 2018		September 30, 2017
Number of shares on which basic earnings per share is calculated:
Weighted-average shares outstanding during period	911,152,848		929,437,441
Add – Incremental shares under stock-based compensation plans	2,566,139		2,236,234
Add – Incremental shares associated with contingently issuable shares	1,493,644		1,553,754
Number of shares on which diluted earnings per share is calculated	915,212,631		933,227,429
Income from continuing operations (millions)	$	2,692	$	2,726
Income/(loss) from discontinued operations, net of tax (millions)	2		0
Net income on which basic earnings per share is calculated (millions)	$	2,694	$	2,726
Income from continuing operations (millions)	$	2,692	$	2,726
Net income applicable to contingently issuable shares (millions)	—		0
Income from continuing operations on which diluted earnings per share is calculated (millions)	$	2,692	$	2,726
Income/(loss) from discontinued operations, net of tax, on which basic and diluted earnings per share is calculated (millions)	2		0
Net income on which diluted earnings per share is calculated (millions)	$	2,694	$	2,726
Earnings/(loss) per share of common stock:
Assuming dilution
Continuing operations	$	2.94	$	2.92
Discontinued operations	0.00		0.00
Total	$	2.94	$	2.92
Basic
Continuing operations	$	2.95	$	2.93
Discontinued operations	0.00		0.00
Total	$	2.95	$	2.93

	For the Nine Months Ended
	September 30, 2018			September 30, 2017
Number of shares on which basic earnings per share is calculated:
Weighted-average shares outstanding during period	915,632,501			935,600,777
Add – Incremental shares under stock compensation plans	3,000,429			3,213,758
Add – Incremental shares associated with contingently issuable shares	1,373,960			1,394,930
Number of shares on which diluted earnings per share is calculated	920,006,890			940,209,466
Income from continuing operations (millions)	$	6,770		$	6,811
Income/(loss) from discontinued operations, net of tax (millions)	7			(3		)
Net income on which basic earnings per share is calculated (millions)	$	6,777		$	6,807
Income from continuing operations (millions)	$	6,770		$	6,811
Net income applicable to contingently issuable shares (millions)	(1		)	(2		)
Income from continuing operations on which diluted earnings per share is calculated (millions)	$	6,769		$	6,809
Income/(loss) from discontinued operations, net of tax, on which basic and diluted earnings per share is calculated (millions)	7			(3		)
Net income on which diluted earnings per share is calculated (millions)	$	6,776		$	6,806
Earnings/(loss) per share of common stock:
Assuming dilution
Continuing operations	$	7.36		$	7.24
Discontinued operations	0.01			0.00
Total	$	7.37		$	7.24
Basic
Continuing operations	$	7.39		$	7.28
Discontinued operations	0.01			0.00
Total	$	7.40		$	7.28