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Earnings per common share (Tables)
6 Months Ended
Jun. 30, 2013
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,

 

 

 

2013

 

2012

 

2013

 

2012

 

Numerator:

 

 

 

 

 

 

 

 

 

Net income

 434

 423

 1,143

 1,189

 

Less: Preferred stock dividends

 

--

 

--

 

--

 

--

 

Net income available to common shareholders

434

 423

 1,143

 1,189

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

468.3

 

490.6

 

471.9

 

494.9

 

Effect of dilutive potential common shares:

 

 

 

 

 

 

 

 

 

Stock options

 

3.9

 

2.3

 

3.8

 

2.2

 

Restricted stock units and performance stock awards (non-participating)

 

1.6

 

0.9

 

1.6

 

0.8

 

Weighted average common and dilutive potential common shares outstanding

 

473.8

 

493.8

 

477.3

 

497.9

 

 

 

 

 

 

 

 

 

 

 

Earnings per common share - Basic

 0.93

 0.86

 2.42

 2.40

 

Earnings per common share - Diluted

 0.92

 0.86

 2.39

 2.39