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Income per Common Share
 3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Income per Common Share [Text Block]
Income per Common Share
Basic income per share is based on the weighted average number of common shares outstanding.  Diluted income per share assumes exercise of stock options and stock appreciation rights, provided the effect is not antidilutive.
 
 
 
 
 
 
 
 
 
 
Three Months Ended March 31,
 
2014
 
2013
(In millions, except per share data)
Basic
 
Diluted
 
Basic
 
Diluted
Income from continuing operations
$
540

 
$
540

 
$
380

 
$
380

Discontinued operations
609

 
609

 
3

 
3

Net income
$
1,149

 
$
1,149

 
$
383

 
$
383

 
 
 
 
 
 
 
 
Weighted average common shares outstanding
693

 
693

 
708

 
708

Effect of dilutive securities
—

 
3

 
—

 
4

Weighted average common shares, including
 
 
 
 
 
 
 
dilutive effect
693

 
696

 
708

 
712

Per share:
 

 
 

 
 

 
 

Income from continuing operations
$
0.78

 
$
0.77

 
$
0.54

 
$
0.54

Discontinued operations
$
0.88

 
$
0.88

 
$
—

 
$
—

Net income
$
1.66

 
$
1.65

 
$
0.54

 
$
0.54


The per share calculations above exclude 5 million and 6 million stock options for the first three months of 2014 and 2013 as they were antidilutive.