Earnings per Share (Tables)

6 Months Ended

Jun. 30, 2015

Earnings per Share

Basic and Diluted Earnings per Common Share

Note 12 Earnings Per Share
Table 105: Basic and Diluted Earnings per Common Share
				Three months ended				Six months ended
				June 30				June 30
In millions, except per share data				2015		2014		2015		2014
Basic
	Net income		$	1,044	$	1,052	$	2,048	$	2,112
	Less:
		Net income (loss) attributable to noncontrolling interests		4		3		5		1
		Preferred stock dividends and discount accretion and redemptions		48		48		118		118
	Net income attributable to common shares			992		1,001		1,925		1,993
	Less:
		Dividends and undistributed earnings allocated to nonvested restricted shares				3		2		6
	Net income attributable to basic common shares		$	992	$	998	$	1,923	$	1,987
	Basic weighted-average common shares outstanding			517		532		519		532
	Basic earnings per common share (a)		$	1.92	$	1.88	$	3.71	$	3.73
Diluted
	Net income attributable to basic common shares		$	992	$	998	$	1,923	$	1,987
		Less: Impact of BlackRock earnings per share dilution		5		3		10		9
	Net income attributable to diluted common shares		$	987	$	995	$	1,913	$	1,978
	Basic weighted-average common shares outstanding			517		532		519		532
	Dilutive potential common shares (b) (c)			8		7		8		7
	Diluted weighted-average common shares outstanding			525		539		527		539
	Diluted earnings per common share (a)		$	1.88	$	1.85	$	3.63	$	3.67
(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 (participating securities).
(b)		Excludes number of stock options considered to be anti-dilutive of 1 million for the three and six months ended June 30, 2014. No stock options were considered to be anti-dilutive for the three and six months ended June 30, 2015.
(c)		No warrants were considered to be anti-dilutive for the three and six months ended June 30, 2015 and June 30, 2014, respectively.