Weighted Average Shares Outstanding

12 Months Ended

Dec. 31, 2018

Earnings Per Share [Abstract]

EARNINGS PER SHARE

NOTE M – WEIGHTED AVERAGE SHARES OUTSTANDING

	Year Ended December 31,
(in millions)	2018	2017	2016
Weighted average shares outstanding - basic	1,381.0	1,370.1	1,357.6
Net effect of common stock equivalents	20.4	22.6	19.6
Weighted average shares outstanding - assuming dilution	1,401.4	1,392.7	1,377.2

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.