Earnings per Share (Tables)

9 Months Ended

Sep. 30, 2016

Earnings per Share

Basic and Diluted Earnings per Common Share

NOTE 10 EARNINGS PER SHARE
Table 81: Basic and Diluted Earnings per Common Share
				Three months ended				Nine months ended
				September 30				September 30
In millions, except per share data				2016		2015		2016		2015
Basic
	Net income		$	1,006	$	1,073	$	2,938	$	3,121
	Less:
		Net income (loss) attributable to noncontrolling interests		18		18		60		23
		Preferred stock dividends and discount accretion and redemptions		64		64		172		182
	Net income attributable to common shares			924		991		2,706		2,916
	Less:
		Dividends and undistributed earnings allocated to participating securities		7				19		2
	Net income attributable to basic common shares		$	917	$	991	$	2,687	$	2,914
	Basic weighted-average common shares outstanding			490		512		496		516
	Basic earnings per common share (a)		$	1.87	$	1.93	$	5.41	$	5.64
Diluted
	Net income attributable to basic common shares		$	917	$	991	$	2,687	$	2,914
		Less: Impact of BlackRock earnings per share dilution		4		4		10		14
	Net income attributable to diluted common shares		$	913	$	987	$	2,677	$	2,900
	Basic weighted-average common shares outstanding			490		512		496		516
	Dilutive potential common shares			6		8		6		9
	Diluted weighted-average common shares outstanding			496		520		502		525
	Diluted earnings per common share (a)		$	1.84	$	1.90	$	5.33	$	5.52
(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).