Earnings per Share

9 Months Ended

Sep. 30, 2020

Earnings Per Share Reconciliation [Abstract]

EARNINGS PER SHARE

The following is a reconciliation of the income and share data used in the basic and diluted earnings per share computations for the periods presented:


	Three Months Ended September 30,						Nine Months Ended September 30,
(in millions, except per share amounts)	2020		2019		2020		2019

Basic and Diluted
Net income, as reported	$	827	$	396	$	1,387	$	1,749
Participating share-based awards — allocated income	(6)		(3)		(9)		(12)
Net income available to common shareholders — basic and diluted	$	821	$	393	$	1,378	$	1,737

Common Shares
Basic
Weighted average shares outstanding	253.3		259.2		253.5		261.1

Diluted
Weighted average shares outstanding	253.3		259.2		253.5		261.1
Weighted average effects of dilutive securities — stock options and performance shares	1.0		2.6		1.0		2.3
Total	254.3		261.8		254.5		263.4

Net Income per Common Share
Basic	$	3.24	$	1.52	$	5.44	$	6.65
Diluted	$	3.23	$	1.50	$	5.41	$	6.59