Earnings per Share (Tables)

12 Months Ended

Dec. 31, 2018

Earnings Per Share [Abstract]

Basic and Diluted Earnings per Common Share

Table 81: Basic and Diluted Earnings Per Common Share

In millions, except per share data	2018		2017		2016
Basic
Net income	$	5,346	$	5,388	$	3,985
Less:
Net income attributable to noncontrolling interests	45		50		82
Preferred stock dividends	236		236		209
Preferred discount accretion and redemptions	4		26		6
Net income attributable to common shares	5,061		5,076		3,688
Less: Dividends and undistributed earnings allocated to participating securities	21		23		26
Net income attributable to basic common shares	$	5,040	$	5,053	$	3,662
Basic weighted-average common shares outstanding	467		481		494
Basic earnings per common share (a)	$	10.79	$	10.49	$	7.42
Diluted
Net income attributable to basic common shares	$	5,040	$	5,053	$	3,662
Less: Impact of BlackRock earnings per share dilution	9		16		12
Net income attributable to diluted common shares	$	5,031	$	5,037	$	3,650
Basic weighted-average common shares outstanding	467		481		494
Dilutive potential common shares	3		5		6
Diluted weighted-average common shares outstanding	470		486		500
Diluted earnings per common share (a)	$	10.71	$	10.36	$	7.30

(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).