Net Income Per Common Share (Tables)

9 Months Ended

Sep. 30, 2012

Calculations for Basic and Diluted Earnings Per Share

The table shows calculations for basic and diluted earnings per share:

	Three months ended September 30,				Nine months ended September 30,
(Dollars in millions except share data in thousands)	2012		2011		2012		2011
Numerator:
Net income—basic and diluted	$	111	$	19	$	229	$	30
Denominator:
Weighted-average common shares outstanding		162,555		162,538		162,419		162,848
Effect of stock-based awards:
Nonvested shares		739		542		647		522
Stock options		563		6		441		95
Adjusted weighted-average shares		163,857		163,086		163,507		163,465
Earnings per share:
Basic	$	0.69	$	0.12	$	1.41	$	0.19
Diluted		0.68		0.12		1.40		0.19
Number of anti-dilutive stock-based awards		5,045		8,590		6,000		7,790