Earnings per Share (Tables)

9 Months Ended

Sep. 30, 2018

Earnings Per Share [Abstract]

Basic and Diluted Earnings per Common Share

Table 68: Basic and Diluted Earnings Per Common Share

	Three months ended September 30				Nine months ended September 30
In millions, except per share data	2018		2017		2018		2017
Basic
Net income	$	1,400	$	1,126	$	3,995	$	3,297
Less:
Net income attributable to noncontrolling interests	11		12		31		39
Preferred stock dividends	63		63		181		181
Preferred stock discount accretion and redemptions	1		1		3		24
Net income attributable to common shares	1,325		1,050		3,780		3,053
Less: Dividends and undistributed earnings allocated to participating securities	6		5		16		15
Net income attributable to basic common shares	$	1,319	$	1,045	$	3,764	$	3,038
Basic weighted-average common shares outstanding	465		479		469		483
Basic earnings per common share (a)	$	2.84	$	2.18	$	8.03	$	6.29
Diluted
Net income attributable to basic common shares	$	1,319	$	1,045	$	3,764	$	3,038
Less: Impact of BlackRock earnings per share dilution	2		3		7		8
Net income attributable to diluted common shares	$	1,317	$	1,042	$	3,757	$	3,030
Basic weighted-average common shares outstanding	465		479		469		483
Dilutive potential common shares	2		4		3		5
Diluted weighted-average common shares outstanding	467		483		472		488
Diluted earnings per common share (a)	$	2.82	$	2.16	$	7.96	$	6.21

(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).