XML 31 R19.htm IDEA: XBRL DOCUMENT
v3.20.2

EARNINGS PER SHARE | 9 Months Ended
--- | ---
Sep. 30, 2020
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | EARNINGS PER SHARE The earnings per share amounts are the same for class A and class B common shares as the holders of each class are legally entitled to equal per share distributions whether through dividends or in liquidation. The following table sets forth the computation of basic and diluted earnings per share for the three and nine months ended September 30, 2020 and 2019 (in millions, except per share amounts):
| Three Months Ended September 30, |  | Nine Months Ended September 30,
2020 |  | 2019 |  | 2020 |  | 2019
Numerator: |  |  |  |  |  |  |
Net income attributable to common shareowners | $ | 1,957 |  |  | $ | 1,750 |  |  | $ | 4,690 |  |  | $ | 4,546 |
Denominator: |  |  |  |  |  |  |
Weighted average shares | 864 |  |  | 858 |  |  | 861 |  |  | 859 |
Deferred compensation obligations | — |  |  | — |  |  | — |  |  | — |
Vested portion of restricted units | 4 |  |  | 6 |  |  | 5 |  |  | 6 |
Denominator for basic earnings per share | 868 |  |  | 864 |  |  | 866 |  |  | 865 |
Effect of dilutive securities: |  |  |  |  |  |  |
Restricted units | 4 |  |  | 6 |  |  | 4 |  |  | 4 |
Stock options | — |  |  | — |  |  | — |  |  | — |
Denominator for diluted earnings per share | 872 |  |  | 870 |  |  | 870 |  |  | 869 |
Basic earnings per share | $ | 2.25 |  |  | $ | 2.03 |  |  | $ | 5.42 |  |  | $ | 5.26 |
Diluted earnings per share | $ | 2.24 |  |  | $ | 2.01 |  |  | $ | 5.39 |  |  | $ | 5.23 |
There were no antidilutive shares for the three months ended September 30, 2020. Diluted earnings per share for the three months ended September 30, 2019 excluded the effect of 0.3 million shares of common stock that may be issued upon the exercise of employee stock options because such effect would have been antidilutive. Antidilutive shares for the nine months ended September 30, 2020 and 2019 were 0.8 and 0.7 million, respectively.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration