v3.20.1
Earnings Per Share (Tables)
 3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Schedule of basic and diluted earnings per share, impact of two-class method
The following table summarizes the impact of the two-class method:
 
 
Three months ended
March 31,
(in millions, except per share data)
 
2020
 
2019
Basic EPS
 
 
 
 
Net earnings
 
$
3,010

 
$
2,456

Earnings allocated to participating securities
 
14

 
12

Earnings available to common shareholders
 
$
2,996

 
$
2,444

Weighted-average basic shares outstanding
 
1,481

 
1,480

Basic earnings per share
 
$
2.02

 
$
1.65

 
 
 
 
 
Diluted EPS
 
 
 
 
Net earnings
 
$
3,010

 
$
2,456

Earnings allocated to participating securities
 
14

 
12

Earnings available to common shareholders
 
$
2,996

 
$
2,444

Weighted-average shares of common stock outstanding
 
1,481

 
1,480

Effect of dilutive securities
 
3

 
3

Weighted-average diluted shares outstanding
 
1,484

 
1,483

Diluted earnings per share
 
$
2.02

 
$
1.65