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Earnings Per Share
 6 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings per Share
 
Reconciliation of the numerators and denominators of the earnings per share calculations — 

Three Months Ended 
 June 30,

Six Months Ended 
 June 30,
 
2014

2013

2014

2013
Income from continuing operations
$
92


$
97


$
130


$
145

Less: Noncontrolling interests
4


4


7


12

Less: Preferred stock dividend requirements
2


7


5


15

Income from continuing operations available to common stockholders - Numerator basic
86


86


118


118

Preferred stock dividend requirements
2


7


5


15

Numerator diluted
$
88


$
93


$
123


$
133













Net income available to common stockholders - Numerator basic
$
84


$
85


$
115


$
119

Preferred stock dividend requirements
2


7


5


15

Numerator diluted
$
86


$
92


$
120


$
134

























Weighted-average number of shares outstanding - Denominator basic
156.7


145.9


153.7


146.9

Employee compensation-related shares, including stock options
1.3


1.4


1.2


1.6

Conversion of preferred stock
17.1


64.6


21.1


64.6

Denominator diluted
175.1


211.9


176.0


213.1


 
The share count for diluted earnings per share is computed on the basis of the weighted-average number of common shares outstanding plus the effects of dilutive common stock equivalents (CSEs) outstanding during the period. We excluded 0.3 million and 0.6 million CSEs from the calculations of diluted earnings per share for the quarter and year-to-date periods ended June 30, 2013 as the effect of including them would have been anti-dilutive.