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Earnings per Share
 6 Months Ended
Jun. 30, 2019
Earnings Per Share Reconciliation [Abstract]  
Earnings per Share EARNINGS PER SHARE
 
The following is a reconciliation of the net income and share data used in the basic and diluted earnings per share computations for the periods presented:
 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
(in millions, except per share amounts)
 
2019
 
2018
 
2019
 
2018
 
 
 
 
 
 
 
 
 
Basic and Diluted
 
 
 
 
 
 

 
 

Net income, as reported
 
$
557

 
$
524

 
$
1,353

 
$
1,193

Participating share-based awards — allocated income
 
(4
)
 
(4
)
 
(10
)
 
(9
)
Net income available to common shareholders — basic and diluted
 
$
553

 
$
520

 
$
1,343

 
$
1,184

 
 
 
 
 
 
 
 
 
Common Shares
 
 
 
 
 
 

 
 

Basic
 
 
 
 
 
 

 
 

Weighted average shares outstanding
 
261.3

 
268.7

 
262.1

 
269.8

 
 
 
 
 
 
 
 
 
Diluted
 
 
 
 
 
 

 
 

Weighted average shares outstanding
 
261.3

 
268.7

 
262.1

 
269.8

Weighted average effects of dilutive securities — stock options and performance shares
 
2.4

 
2.4

 
2.1

 
2.7

Total
 
263.7

 
271.1

 
264.2

 
272.5

 
 
 
 
 
 
 
 
 
Net Income per Common Share
 
 
 
 
 
 

 
 

Basic
 
$
2.11

 
$
1.93

 
$
5.12

 
$
4.39

Diluted
 
$
2.10

 
$
1.92

 
$
5.08

 
$
4.35