XML 86 R41.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings per Share (EPS) (Tables)
9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Earnings allocation method utilized in the calculation of basic and diluted EPS
The following illustrates the earnings allocation method utilized in the calculation of basic and diluted EPS:
 
 
Three Months Ended
 
Nine Months Ended
 
 
September 30,
 
September 30,
 
 
2014
 
2013
 
2014
 
2013
 
 
(In millions, except per share data)
EPS numerator:
 
 
 
 
 
 
 
 
(Loss) income from continuing operations, net of income taxes
 
$
(154.0
)
 
$
24.0

 
$
(270.3
)
 
$
115.1

Less: Net income attributable to noncontrolling interests
 
1.6

 
7.0

 
8.1

 
7.8

(Loss) income from continuing operations attributable to common stockholders, before allocation of earnings to participating securities
 
(155.6
)
 
17.0

 
(278.4
)
 
107.3

Less: Earnings allocated to participating securities
 
0.3

 
0.2

 
0.8

 
0.6

(Loss) income from continuing operations attributable to common stockholders, after allocation of earnings to participating securities
 
(155.9
)
 
16.8

 
(279.2
)
 
106.7

Income (loss) from discontinued operations attributable to common stockholders, after allocation of earnings to participating securities
 
5.0

 
(43.1
)
 
6.0

 
(66.5
)
Net (loss) income attributable to common stockholders, after earnings allocated to participating securities
 
$
(150.9
)
 
$
(26.3
)
 
$
(273.2
)
 
$
40.2

 
 
 
 
 
 
 
 
 
EPS denominator:
 
 
 
 
 
 
 
 
Weighted average shares outstanding — basic
 
268.2

 
267.2

 
268.0

 
267.0

Impact of dilutive securities
 

 
0.5

 

 
0.5

Weighted average shares outstanding — diluted
 
268.2

 
267.7

 
268.0

 
267.5

 
 
 
 
 
 
 
 
 
Basic EPS attributable to common stockholders:
 
 
 
 
 
 
 
 
(Loss) income from continuing operations
 
$
(0.58
)
 
$
0.06

 
$
(1.04
)
 
$
0.40

Income (loss) from discontinued operations
 
0.02

 
(0.16
)
 
0.02

 
(0.25
)
Net (loss) income attributable to common stockholders
 
$
(0.56
)
 
$
(0.10
)
 
$
(1.02
)
 
$
0.15

 
 
 
 
 
 
 
 
 
Diluted EPS attributable to common stockholders:
 
 
 
 
 
 
 
 
(Loss) income from continuing operations
 
$
(0.58
)
 
$
0.06

 
$
(1.04
)
 
$
0.40

Income (loss) from discontinued operations
 
0.02

 
(0.16
)
 
0.02

 
(0.25
)
Net (loss) income attributable to common stockholders
 
$
(0.56
)
 
$
(0.10
)
 
$
(1.02
)
 
$
0.15