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Quarterly Financial Data (Tables)
12 Months Ended
Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
2014 Quarter Ended Dec. 31   Sept. 30   June 30   March 31  

 

 
(In millions, except per share data)                

Total revenues

    $   3,521      $ 3,523      $   3,593      $ 3,688     

Income from continuing operations

  215        179      303        265     

Per share-basic

  0.58        0.47      0.79        0.68     

Per share-diluted

  0.57        0.47      0.79        0.68     

Discontinued operations, net

  (7)      29      (187)      (206)   

Per share-basic and diluted

  (0.02)      0.08      (0.49)      (0.53)   

Net income

  208        208      116        59     

Per share-basic

  0.56        0.55      0.30        0.15     

Per share-diluted

  0.55        0.55      0.30        0.15     
2013 Quarter Ended Dec. 31   Sept. 30   June 30   March 31  

 

 

Total revenues

    $ 3,782      $ 3,597      $ 3,616    $ 3,618     

Income from continuing operations (a)

  248        318      261      322     

Per share-basic and diluted

  0.64        0.82      0.67      0.82     

Discontinued operations, net (b)

  (446)      (36)      8      (80)   

Per share-basic and diluted

  (1.15)      (0.09)      0.02      (0.20)   

Net income (loss)

  (198)      282      269      242     

Per share-basic and diluted

  (0.51)      0.73      0.69      0.62     

The sum of the quarterly per share amounts may not equal per share amounts reported for year-to-date periods. This is due to changes in the number of weighted average shares outstanding and the effects of rounding for each period.

 

(a)

Income from continuing operations for the fourth quarter of 2013 includes the impact of a $111 million deferred gain under retroactive reinsurance accounting at CNA and a $16 million goodwill impairment charge at Boardwalk Pipeline.

(b)

Discontinued operations, net for the fourth quarter of 2013 includes a ceiling test impairment charge of $52 million at HighMount related to the carrying value of its natural gas and oil properties and a $382 million goodwill impairment charge.