XML 21 R9.htm IDEA: XBRL DOCUMENT v3.8.0.1
Income per Common Share (Notes)
 3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Income (Loss) 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 periods, provided the effect is not antidilutive. The per share calculations below exclude 8 million of stock options for the three months period ended March 31, 2018 and 12 million stock options for the three months period ended March 31, 2017 that were antidilutive.
 
 
Three Months Ended March 31,
(In millions, except per share data)
 
2018
 
2017
Income (loss) from continuing operations
 
$
356

 
$
(50
)
Income (loss) from discontinued operations
 
—

 
(4,907
)
Net income (loss)
 
$
356

 
$
(4,957
)
 
 
 
 
 
Weighted average common shares outstanding
 
851

 
849

Effect of dilutive securities
 
1

 
—

Weighted average common shares, diluted
 
852

 
849

Per basic share:
 
 
 
 
Income (loss) from continuing operations
 
$
0.42

 
$
(0.06
)
Income (loss) from discontinued operations
 
$
—

 
$
(5.78
)
Net income
 
$
0.42

 
$
(5.84
)
Per diluted share:
 
 
 
 
Income (loss) from continuing operations
 
$
0.42

 
$
(0.06
)
Income (loss) from discontinued operations
 
$
—

 
$
(5.78
)
Net income
 
$
0.42

 
$
(5.84
)