Earnings per Common Share (Tables)

6 Months Ended

Jun. 30, 2020

Earnings Per Share [Abstract]

Computation of basic and diluted earnings per common share

Computation of basic and diluted earnings per common share
(In millions, except per share data)	Three months ended June 30,				Six months ended June 30,
	2020		2019		2020		2019
Numerator:
Net income	$	1,250	$	851	$	1,799	$	2,143
Less: Preferred stock dividends	26		30		62		61
Net income applicable to common shareholders	$	1,224	$	821	$	1,737	$	2,082
Denominator:
Weighted average common shares outstanding	313.7		332.0		315.6		332.3
Effect of dilutive potential common shares:
Stock options	2.1		3.3		2.7		3.2
Restricted stock units (non-participating) and performance stock awards	1.2		1.6		1.5		1.7
Weighted average common and dilutive potential common shares outstanding	317.0		336.9		319.8		337.2
Earnings per common share - Basic	$	3.90	$	2.47	$	5.50	$	6.27
Earnings per common share - Diluted	3.86		2.44		5.43		6.17
Anti-dilutive options excluded from diluted earnings per common share	3.2		4.1		1.4		4.5