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EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2019
Earnings per share [abstract]  
Disclosure of earnings per share
 
Years ended December 31
 
(In millions of dollars, except per share amounts)
2019

2018

 
 
 
Numerator (basic) - Net income for the year
2,043

2,059

 
 
 
Denominator - Number of shares (in millions):
 
 
Weighted average number of shares outstanding - basic
512

515

Effect of dilutive securities (in millions):
 
 
Employee stock options and restricted share units
1

1

 
 
 
Weighted average number of shares outstanding - diluted
513

516

 
 
 
Earnings per share:
 
 
Basic

$3.99


$4.00

Diluted

$3.97


$3.99