NET INCOME PER SHARE

3 Months Ended

Mar. 31, 2016

Earnings Per Share [Abstract]

NET INCOME PER SHARE

NET INCOME PER SHARE

The following table sets forth the computation of basic and diluted net income per share (in millions, except per share amounts):

	Three months ended March 31,
	2016		2015
NUMERATOR:
Net income	$	511	$	453
Incremental income effect of interest on 5.25% convertible notes	1		1
Net income after assumed conversion	$	512	$	454
DENOMINATOR:
Weighted-average shares outstanding, basic	641		674
Dilutive effect of Employee stock options and restricted stock units	1		2
Dilutive effect of 5.25% convertible notes	6		6
Adjusted weighted-average shares outstanding, diluted	648		682
NET INCOME PER SHARE:
Basic	$	0.80	$	0.67
Diluted	$	0.79	$	0.66