Earnings per Share (Tables)

12 Months Ended

Dec. 31, 2014

Reconciliation of Basic Earnings per Share to Diluted Earnings per Share for Income from Continuing Operations

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