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Earnings Per Share (EPS) and Dividends (Tables)
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Basic And Diluted Earnings Per Share Computation The following table shows the effect of these stock options, PSUs and RSUs on the weighted average number of shares outstanding used in calculating diluted EPS:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Years Ended December 31,
 
 
 
 
2019
 
2018
 
2017
 
 
 
 
Basic
 
Diluted
 
Basic
 
Diluted
 
Basic
 
Diluted
 
 
EPS Numerator:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(Millions)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net Income
 
$
1,693

 
$
1,693

 
$
1,438

 
$
1,438

 
$
1,574

 
$
1,574

 
 
EPS Denominator:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(Millions)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted Average Common Shares Outstanding
 
504

 
504

 
504

 
504

 
505

 
505

 
 
Effect of Stock Based Compensation Awards
 

 
3

 

 
3

 

 
2

 
 
Total Shares
 
504

 
507

 
504

 
507

 
505

 
507

 
 
EPS:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net Income
 
$
3.35

 
$
3.33

 
$
2.85

 
$
2.83

 
$
3.12

 
$
3.10

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Dividend Payments On Common Stock
 
 
 
 
 
 
 
 
 
 
 
 
Years Ended December 31,
 
 
Dividend Payments on Common Stock
 
2019
 
2018
 
2017
 
 
Per Share
 
$
1.88

 
$
1.80

 
$
1.72

 
 
in Millions
 
$
950

 
$
910

 
$
870