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Earnings Per Common Share (Tables)
12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings per Common Share
The following table sets forth the computation of basic and diluted earnings per common share (EPS) (in millions, except share and per share amounts):
 
Year Ended December 31,
 
2017
 
2016
 
2015
Basic EPS:
 
 
 
 
 
Net income
$
1,919

 
$
2,676

 
$
7,610

Weighted average common shares outstanding (in thousands)
489,164

 
552,308

 
668,393

Basic EPS
$
3.92

 
$
4.85

 
$
11.39

 
 
 
 
 
 
Diluted EPS:
 
 
 
 
 
Net income for purposes of computing diluted EPS
$
1,919

 
$
2,676

 
$
7,610

Share computation for diluted EPS (in thousands):
 
 
 
 
 
Basic weighted average common shares outstanding
489,164

 
552,308

 
668,393

Dilutive effect of stock awards
2,528

 
3,791

 
18,962

Diluted weighted average common shares outstanding
491,692

 
556,099

 
687,355

Diluted EPS
$
3.90

 
$
4.81

 
$
11.07

 
 
 
 
 
 
Restricted stock unit awards excluded from the calculation of diluted EPS because inclusion would be antidilutive (in thousands)
328

 
1,429

 
764