Earnings per Share

9 Months Ended

Sep. 30, 2017

Earnings Per Share [Abstract]

Earnings per Share

EARNINGS PER SHARE

Table 64: Basic and Diluted Earnings Per Common Share
	Three months ended September 30				Nine months ended September 30
In millions, except per share data	2017		2016		2017		2016
Basic
Net income	$	1,126	$	1,006	$	3,297	$	2,938
Less:
Net income (loss) attributable to noncontrolling interests	12		18		39		60
Preferred stock dividends	63		63		181		168
Preferred discount accretion and redemptions	1		1		24		4
Net income attributable to common shares	1,050		924		3,053		2,706
Less:
Dividends and undistributed earnings allocated to participating securities	5		7		15		19
Net income attributable to basic common shares	$	1,045	$	917	$	3,038	$	2,687
Basic weighted-average common shares outstanding	479		490		483		496
Basic earnings per common share (a)	$	2.18	$	1.87	$	6.29	$	5.41
Diluted
Net income attributable to basic common shares	$	1,045	$	917	$	3,038	$	2,687
Less: Impact of BlackRock earnings per share dilution	3		4		8		10
Net income attributable to diluted common shares	$	1,042	$	913	$	3,030	$	2,677
Basic weighted-average common shares outstanding	479		490		483		496
Dilutive potential common shares	4		6		5		6
Diluted weighted-average common shares outstanding	483		496		488		502
Diluted earnings per common share (a)	$	2.16	$	1.84	$	6.21	$	5.33

(a) Basic and diluted earnings per share under the two-class method are determined on net income reported on the income statement less earnings allocated to nonvested restricted shares and restricted share units with nonforfeitable dividends and dividend rights (participating securities).