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Earnings per Share (table)
12 Months Ended
Dec. 31, 2016
Earnings per Share disclosure  
Earnings per share reconciliation [Table Text Block]

 

(for the year ended December 31, in millions, except per share amounts)

 

2016

 

2015

 

2014

 

Basic and Diluted

 

 

 

 

 

 

 

Net income, as reported

 

$

3,014

 

$

3,439

 

$

3,692

 

Participating share-based awards — allocated income

 

(22

)

(25

)

(27

)

Net income available to common shareholders — basic and diluted

 

$

2,992

 

$

3,414

 

$

3,665

 

 

 

 

 

 

 

 

 

Common Shares

 

 

 

 

 

 

 

Basic

 

 

 

 

 

 

 

Weighted average shares outstanding

 

288.1

 

310.6

 

338.8

 

 

 

 

 

 

 

 

 

Diluted

 

 

 

 

 

 

 

Weighted average shares outstanding

 

288.1

 

310.6

 

338.8

 

Weighted average effects of dilutive securities:

 

 

 

 

 

 

 

Stock options and performance shares

 

2.9

 

3.3

 

3.7

 

Total

 

291.0

 

313.9

 

342.5

 

 

 

 

 

 

 

 

 

Net income Per Common Share

 

 

 

 

 

 

 

Basic

 

$

10.39

 

$

10.99

 

$

10.82

 

Diluted

 

$

10.28

 

$

10.88

 

$

10.70