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Income per Common Share
 12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Income per Common Share
Income (Loss) per Common Share
Basic income (loss) per share is based on the weighted average number of common shares outstanding. Diluted income per share assumes exercise of stock options in all years, provided the effect is not antidilutive. The per share calculations below exclude 13 million, 13 million and 4 million stock options in 2016, 2015 and 2014 that were antidilutive.
 
Year Ended December 31,
(In millions, except per share data)
2016
 
2015
 
2014
Income (loss) from continuing operations
$
(2,140
)
 
$
(2,204
)
 
$
969

Discontinued operations
—

 
—

 
2,077

Net income (loss)
$
(2,140
)
 
$
(2,204
)
 
$
3,046

 
 
 
 
 
 
Weighted average common shares outstanding
819

 
677

 
680

Effect of dilutive securities
—

 
—

 
3

Weighted average common shares, diluted
819

 
677

 
683

Per basic share:
 

 
 

 
 
Income (loss) from continuing operations
$
(2.61
)
 
$
(3.26
)
 
$
1.42

Discontinued operations
$
—

 
$
—

 
$
3.06

Net income (loss)
$
(2.61
)
 
$
(3.26
)
 
$
4.48

Per diluted share:
 
 
 
 
 
Income (loss) from continuing operations
$
(2.61
)
 
$
(3.26
)
 
$
1.42

Discontinued operations
$
—

 
$
—

 
$
3.04

Net income (loss)
$
(2.61
)
 
$
(3.26
)
 
$
4.46