v3.5.0.2
EARNINGS PER SHARE (Tables)
3 Months Ended
Sep. 30, 2016
Basic and Diluted Earnings Per Share

The components of basic and diluted EPS are as follows:

 

(In millions, except earnings per share)             


Three Months Ended September 30,    2016     2015  

Net income available for common shareholders (A)

   $   4,690      $   4,902   

Weighted average outstanding shares of common stock (B)

     7,789        7,996   

Dilutive effect of stock-based awards

     87        88   


 


Common stock and common stock equivalents (C)

     7,876        8,084   
    


 


Earnings Per Share

                

Basic (A/B)

   $ 0.60      $ 0.61   

Diluted (A/C)

   $ 0.60      $ 0.61