Weighted Average Shares Outstanding

9 Months Ended

Sep. 30, 2017

Earnings Per Share [Abstract]

Weighted Average Number Of Shares Outstanding [Text Block]

NOTE J – WEIGHTED AVERAGE SHARES OUTSTANDING

	Three Months Ended September 30,		Nine Months Ended September 30,
(in millions)	2017	2016	2017	2016
Weighted average shares outstanding - basic	1,372.0	1,360.6	1,369.1	1,356.1
Net effect of common stock equivalents	22.1	19.1	22.7	18.8
Weighted average shares outstanding - assuming dilution	1,394.1	1,379.7	1,391.8	1,374.9

The impact of stock options outstanding with exercise prices greater than the average fair market value of our common stock was immaterial for all periods presented.

We issued approximately two million shares of our common stock in the third quarter of 2017, three million shares of our common stock in the third quarter of 2016, 11 million shares of our common stock in the first nine months of2017 and 15 million shares of our common stock in the first nine months of2016, following the exercise of underlying stock options, vesting of deferred stock units or purchases under our employee stock purchase plan. We did not repurchase any shares of our common stock during the first nine months of2017 or 2016.