XML 38 R26.htm IDEA: XBRL DOCUMENT v3.4.0.3
Earnings Per Share And Shareholders' Equity (Tables)
3 Months Ended
Apr. 30, 2016
Earnings Per Share And Shareholders' Equity [Abstract]  
Shares Utilized For The Calculation Of Basic And Diluted Earnings Per Share
The following table provides shares utilized for the calculation of basic and diluted earnings per share for the first quarter of 2016 and 2015:
 
First Quarter
 
2016
 
2015
 
(in millions)
Weighted-average Common Shares:
 
 
 
Issued Shares
313

 
311

Treasury Shares
(25
)
 
(18
)
Basic Shares
288

 
293

Effect of Dilutive Options and Restricted Stock
5

 
6

Diluted Shares
293

 
299

Anti-dilutive Options and Awards (a)
2

 
1

 _______________
(a)
These options and awards were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive.
Schedule Of Company's Repurchase Program
Under the authority of the Company’s Board of Directors, the Company repurchased shares of its common stock under the following repurchase programs during the first quarter of 2016 and 2015:
 
Amount
Authorized
 
Shares
Repurchased
 
Amount
Repurchased
 
Average Stock Price of Shares Repurchased within Program
Repurchase Program
 
2016
 
2015
 
2016
 
2015
 
 
(in millions)
 
(in thousands)
 
(in millions)
 
 
February 2016
$
500


3,125

 
NA

 
$
260

 
NA

 
$
83.26

February 2015
$
250

 
NA

 
1,884

 
NA

 
$
171

 
$
90.48


Schedule Of Dividends Paid
Under the authority and declaration of the Board of Directors, the Company paid the following dividends during 2016 and 2015:
 
 
Ordinary Dividends
 
Special Dividends
 
Total Dividends
 
Total Paid
 
 
(per share)
 
(in millions)
2016
 
 
 
 
 
 
 
 
First Quarter
 
$
0.60

 
$
2.00

 
$
2.60

 
$
750

2015
 

 

 

 

First Quarter
 
$
0.50

 
$
2.00

 
$
2.50

 
$
734