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Earnings per Share
12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Earnings per Share

Note 3.    Earnings per Share

The following is a reconciliation of basic earnings per share to diluted earnings per share for income from continuing operations attributable to Starwood’s common stockholders (in millions, except per share data):

 

     Year Ended December 31,  
     2014      2013      2012  
     Earnings      Shares      Per
Share
     Earnings      Shares      Per
Share
     Earnings      Shares      Per
Share
 

Basic earnings from continuing operations attributable to Starwood’s common stockholders

   $ 643         185       $ 3.49       $ 565         191       $ 2.96       $ 470         193       $ 2.44   

Effect of dilutive securities:

                          

Employee options and restricted stock awards

             1                    2                    4      
  

 

 

    

 

 

       

 

 

    

 

 

       

 

 

    

 

 

    

Diluted earnings from continuing operations attributable to Starwood’s common stockholders

   $ 643         186       $ 3.46       $ 565         193       $ 2.92       $ 470         197       $ 2.39   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Approximately 0.5 million shares, 0.3 million shares and 1.3 million shares were excluded from the computation of diluted shares in 2014, 2013 and 2012, respectively, as their impact would have been anti-dilutive.