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Earnings Per Common Share (Tables)
12 Months Ended
Dec. 31, 2018
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,
 
2018
 
2017
 
2016
Basic EPS:
 
 
 
 
 
Net income
$
1,412

 
$
1,282

 
$
2,584

Weighted average common shares outstanding (in thousands)
464,236

 
489,164

 
552,308

Basic EPS
$
3.04

 
$
2.62

 
$
4.68

 
 
 
 
 
 
Diluted EPS:
 
 
 
 
 
Net income for purposes of computing diluted EPS
$
1,412

 
$
1,282

 
$
2,584

Share computation for diluted EPS (in thousands):
 
 
 
 
 
Basic weighted average common shares outstanding
464,236

 
489,164

 
552,308

Dilutive effect of stock awards
1,424

 
2,528

 
3,791

Diluted weighted average common shares outstanding
465,660

 
491,692

 
556,099

Diluted EPS
$
3.03

 
$
2.61

 
$
4.65

 
 
 
 
 
 
Restricted stock unit awards excluded from the calculation of diluted EPS because inclusion would be antidilutive (in thousands)
1,266

 
328

 
1,429