Earnings Per Share (EPS) and Dividends

9 Months Ended

Sep. 30, 2015

Earnings Per Share [Abstract]

Earnings Per Share (EPS) and Dividends

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 September 30,								Nine Months Ended September 30,
	2015				2014				2015				2014
	Basic		Diluted		Basic		Diluted		Basic		Diluted		Basic		Diluted
EPS Numerator (Millions)
Net Income	$	439	$	439	$	444	$	444	$	1,370	$	1,370	$	1,042	$	1,042
EPS Denominator (Millions)
Weighted Average Common Shares Outstanding	505		505		506		506		505		505		506		506
Effect of Stock Based Compensation Awards	—		3		—		1		—		3		—		1
Total Shares	505		508		506		507		505		508		506		507
EPS
Net Income	$	0.87	$	0.87	$	0.88	$	0.87	$	2.71	$	2.70	$	2.06	$	2.05

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
Dividend Payments on Common Stock	2015		2014		2015		2014
Per Share	$	0.39	$	0.37	$	1.17	$	1.11
In Millions	$	198	$	187	$	592	$	561