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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Calculations of Earnings Per Share
The calculations of earnings per share are as follows:
 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
($ and shares in millions except per share amounts)
2018
 
2017
 
2018
 
2017
Net income (loss) attributable to Merck & Co., Inc.
$
1,950

 
$
(56
)
 
$
4,393

 
$
3,440

Average common shares outstanding
2,662

 
2,727

 
2,680

 
2,735

Common shares issuable (1)
16

 

 
14

 
19

Average common shares outstanding assuming dilution
2,678

 
2,727

 
2,694

 
2,754

Basic earnings (loss) per common share attributable to Merck & Co., Inc. common shareholders
$
0.73

 
$
(0.02
)
 
$
1.64

 
$
1.26

Earnings (loss) per common share assuming dilution attributable to Merck & Co., Inc. common shareholders
$
0.73

 
$
(0.02
)
 
$
1.63

 
$
1.25

(1) 
Issuable primarily under share-based compensation plans.