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Weighted Average Shares Outstanding
9 Months Ended
Sep. 30, 2012
Earnings Per Share [Abstract]  
Weighted Average Number Of Shares Outstanding [Text Block]
WEIGHTED AVERAGE SHARES OUTSTANDING
 
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
(in millions)
 
2012
 
2011
 
2012
 
2011
Weighted average shares outstanding - basic
 
1,392.5

 
1,514.4

 
1,420.3

 
1,523.1

Net effect of common stock equivalents
 


*
9.6

 


*
8.9

Weighted average shares outstanding - assuming dilution
 
1,392.5

 
1,524.0

 
1,420.3

 
1,532.0

* We generated net losses in the third quarter and first nine months of 2012. Our weighted-average shares outstanding for earnings per share calculations excludes common stock equivalents of 6.8 million for the third quarter of 2012 and 7.2 million for the first nine months of 2012 due to our net loss position in these periods.
Weighted average shares outstanding, assuming dilution, excludes the impact of 62 million stock options for the third quarter of 2012, 65 million for the third quarter of 2011, 61 million for the first nine months of 2012, and 63 million for the first nine months of 2011, due to the exercise prices of these stock options being greater than the average fair market value of our common stock during the period.
We issued approximately three million shares of our common stock in the third quarter of 2012 and approximately 11 million shares in the first nine months of 2012, approximately two million shares in the third quarter of 2011 and approximately 10 million shares in the first nine months of 2011, following the exercise or vesting of underlying stock options or deferred stock units, or purchases under our employee stock purchase plans. We repurchased approximately 46 million shares of our common stock during the third quarter of 2012 for approximately $250 million, and approximately 87 million shares during the first nine months of 2012 for approximately $500 million, pursuant to the share repurchase program authorized in 2011, discussed in Note L – Stockholders' Equity to our audited financial statements contained in Item 8 of our 2011 Annual Report on Form 10-K.