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Weighted Average Shares Outstanding
6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Weighted Average Number Of Shares Outstanding [Text Block]
NOTE J – WEIGHTED AVERAGE SHARES OUTSTANDING
 
Three Months Ended June 30,
 
Six Months Ended June 30,
(in millions)
2018

2017
 
2018
 
2017
Weighted average shares outstanding - basic
1,380.5

 
1,369.8

 
1,378.5

 
1,367.6

Net effect of common stock equivalents
18.3

 
21.3

 
19.3

 
23.0

Weighted average shares outstanding - assuming dilution
1,398.9

 
1,391.1

 
1,397.8

 
1,390.6


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 second quarter of 2018, one million shares of our common stock in the second quarter of 2017 and eight million shares of our common stock in the first six months of 2018 and 2017, 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 six months of 2018 or 2017.