Per Share Data

9 Months Ended

Sep. 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 September 30,				Nine Months Ended September 30,
(In millions, except per share amounts)	2019		2018		2019		2018
Net income before non-controlling interests	$	306	$	279	$	1,377	$	1,511
Less: Net income attributable to non-controlling interests	3		3		26		14
Net income attributable to the Company	$	303	$	276	$	1,351	$	1,497
Basic weighted average common shares outstanding	506		504		506		506
Dilutive effect of potentially issuable common shares	5		6		5		6
Diluted weighted average common shares outstanding	511		510		511		512
Average stock price used to calculate common stock equivalents	$	99.97	$	84.68	$	94.75	$	83.05