Per Share Data

6 Months Ended

Jun. 30, 2019

Basic net income per share attributable to the Company is calculated by dividing the after-tax income attributable to the Company by the weighted average number of outstanding shares of the Company’s common stock.

Diluted net income per share attributable to the Company is calculated by dividing the after-tax income attributable to the Company by the weighted average number of outstanding shares of the Company’s common stock, which have been adjusted for the dilutive effect of potentially issuable common shares.



Basic and Diluted EPS Calculation	Three Months Ended June 30,				Six Months Ended June 30,
(In millions, except per share amounts)	2019		2018		2019		2018
Net income before non-controlling interests	$	344	$	536	$	1,071	$	1,232
Less: Net income attributable to non-controlling interests	12		5		23		11
Net income attributable to the Company	$	332	$	531	$	1,048	$	1,221
Basic weighted average common shares outstanding	507		507		506		507
Dilutive effect of potentially issuable common shares	5		5		5		6
Diluted weighted average common shares outstanding	512		512		511		513
Average stock price used to calculate common stock equivalents	$	95.74	$	81.64	$	92.14	$	82.24