Net Income Per Common Share (Tables)

6 Months Ended

Jun. 30, 2012

Calculations for Basic and Diluted Earnings Per Share

Here are calculations for basic and diluted earnings per share:

(Dollars in millions except share data in thousands)	Three months ended June 30,					Six months ended June 30,
	2012		2011			2012		2011
Numerator:
Net income (loss)—basic and diluted	$	32	$	(50	)	$	118	$	11
Denominator:
Weighted-average common shares outstanding		162,425		163,069			162,351		163,005
Effect of stock-based awards:
Nonvested shares		670		-			602		512
Stock options		419		-			375		168
Adjusted weighted-average shares		163,514		163,069			163,328		163,685
Earnings (loss) per share:
Basic	$	0.20	$	(0.31	)	$	0.73	$	0.07
Diluted		0.20		(0.31	)		0.72		0.07
Number of anti-dilutive stock-based awards		6,059		7,858			6,072		7,853