Earnings Per Share (EPS) and Dividends

Diluted EPS is calculated by dividing Net Income by the weighted average number of shares of common stock outstanding, including shares issuable upon exercise of stock options outstanding or vesting of restricted stock awards granted under our stock compensation plans and upon payment of performance units or restricted stock units. The following table shows the effect of these stock options, performance units and restricted stock units on the weighted average number of shares outstanding used in calculating diluted EPS.




	Three Months Ended March 31,
	2015				2014
	Basic		Diluted		Basic		Diluted
EPS Numerator (Millions)
Net Income	$	586	$	586	$	386	$	386
EPS Denominator (Millions)
Weighted Average Common Shares Outstanding	506		506		506		506
Effect of Stock Based Compensation Awards	—		2		—		2
Total Shares	506		508		506		508

EPS
Net Income	$	1.16	$	1.15	$	0.76	$	0.76




	Three Months Ended
	March 31,
Dividend Payments on Common Stock	2015		2014
Per Share	$	0.39	$	0.37
In Millions	$	197	$	187