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Earnings Per Common Share (Tables)
6 Months Ended
Jun. 30, 2019
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):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2019
 
2018
 
2019
 
2018
Basic EPS:
 
 
 
 
 
 
 
Net income
$
662

 
$
556

 
$
847

 
$
716

Weighted average common shares outstanding (in thousands)
445,008

 
463,533

 
448,479

 
467,915

Basic EPS
$
1.49

 
$
1.20

 
$
1.89

 
$
1.53

 
 
 
 
 
 
 
 
Diluted EPS:
 
 
 
 
 
 
 
Net income for purposes of computing diluted EPS
$
662

 
$
556

 
$
847

 
$
716

Share computation for diluted EPS (in thousands):
 
 
 
 
 
 
 
Basic weighted average common shares outstanding
445,008

 
463,533

 
448,479

 
467,915

Dilutive effect of stock awards
579

 
1,085

 
1,029

 
1,693

Diluted weighted average common shares outstanding
445,587

 
464,618

 
449,508

 
469,608

Diluted EPS
$
1.49

 
$
1.20

 
$
1.88

 
$
1.52

 
 
 
 
 
 
 
 
Restricted stock unit awards excluded from the calculation of diluted EPS because inclusion would be antidilutive (in thousands)
3,087

 
1,690

 
2,677

 
845