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Shareholders' Equity (Tables)
6 Months Ended
Jun. 30, 2012
Shareholders' Equity  
Schedule of shares of participating securities in earnings

 

 

 

 

Three months ended
June 30,

 

Six months ended
June 30,

 

 (in millions)

 

2012

 

2011

 

2012

 

2011

 

Income from continuing operations

 

$

3

 

$

4

 

$

6

 

$

8

 

Income from discontinued operations

 

 

 

 

 

Net income

 

$

3

 

$

4

 

$

6

 

$

8

 

Schedule of components of weighted average number of shares

 

 

 

 

Three months ended
June 30,

 

Six months ended
June 30,

 

 (in millions)

 

2012

 

2011

 

2012

 

2011

 

Shares for basic earnings per share (1) 

 

332.0

 

337.7

 

332.2

 

338.7

 

Ordinary share equivalents

 

3.6

 

5.0

 

3.9

 

5.3

 

Shares for diluted earnings per share

 

335.6

 

342.7

 

336.1

 

344.0

 

 

 

(1)  Includes 4.8 million and 5.6 million of participating securities for the three months ended June 30, 2012 and 2011, respectively, and 4.8 million and 5.7 million of participating securities for the six months ended June 30, 2012 and 2011, respectively.

Components of Accumulated other comprehensive loss, net of related tax

 

 

 (in millions)

 

June 30, 2012

 

December 31, 2011

 

Net derivative losses

 

$

(47

)

$

(37

)

Net foreign exchange translation adjustments

 

33

 

124

 

Net postretirement benefit obligations

 

(2,418

)

(2,457

)

Accumulated other comprehensive loss, net of tax

 

$

(2,432

)

$

(2,370

)