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Earnings Per Share
 9 Months Ended
Sep. 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 
 September 30,

Nine Months Ended 
 September 30,
 
2014
 
2013
 
2014
 
2013
Income from continuing operations
$
94


$
72


$
224


$
217

Less: Noncontrolling interests
3


3


10


15

Less: Preferred stock dividend requirements
2


6


7


21

Less: Preferred stock redemption premium
 
 
232

 
 
 
232

Income (loss) from continuing operations available to common stockholders - Numerator basic
89


(169
)

207


(51
)
Preferred stock dividend requirements
2





7




Numerator diluted
$
91


$
(169
)

$
214


$
(51
)












Net income (loss) available to common stockholders - Numerator basic
$
88


$
(170
)

$
203


$
(51
)
Preferred stock dividend requirements
2





7




Numerator diluted
$
90


$
(170
)

$
210


$
(51
)
























Weighted-average number of shares outstanding - Denominator basic
156.5


145.8


154.6


146.6

Employee compensation-related shares, including stock options
1.3





1.2




Conversion of preferred stock
15.1





19.1




Denominator diluted
172.9


145.8


174.9


146.6


 
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 0.1 million and 0.4 million CSEs from the calculations of diluted earnings per share for the quarter and year-to-date periods ended September 30, 2013 as the effect of including them would have been anti-dilutive. In addition, we excluded CSEs that satisfied the definition of potentially dilutive shares of 1.7 million and 1.6 million for the quarter and nine months ended September 30, 2013 since there was no net income available to common stockholders for these periods.

We excluded 7.3 million and 16.3 million shares related to the assumed conversion of our Series A preferred stock for the quarter and nine months ended September 30, 2013, and 38.8 million and 42.1 million shares related to the assumed conversion of our Series B preferred stock for the same periods, along with the adjustment for the related dividend requirements, as the conversions would have been anti-dilutive for these periods.