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Earnings Per Common Share (Tables)
9 Months Ended
Sep. 30, 2014
Earnings Per Common Share  
Schedule of reconciliations of the numerators and denominators used in the computations of basic and diluted earnings per common share

Reconciliations of the numerators and denominators used in the computations of basic and diluted earnings per common share were as follows, in millions:

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

September 30,

 

September 30,

 

 

 

2014

 

2013

 

2014

 

2013

 

Numerator (basic and diluted):

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

542

 

$

111

 

$

758

 

$

256

 

Less: Allocation to unvested restricted stock awards

 

(11

)

(2

)

(15

)

(5

)

Income from continuing operations attributable to common shareholders

 

531

 

109

 

743

 

251

 

Income (loss) from discontinued operations, net

 

1

 

(2

)

(2

)

(16

)

Less: Allocation to unvested restricted stock awards

 

 

 

 

 

Income (loss) from discontinued operations attributable to common shareholders

 

1

 

(2

)

(2

)

(16

)

Net income available to common shareholders

 

$

532

 

$

107

 

$

741

 

$

235

 

Denominator:

 

 

 

 

 

 

 

 

 

Basic common shares (based upon weighted average)

 

350

 

349

 

350

 

349

 

Add:

 

 

 

 

 

 

 

 

 

Stock option dilution

 

3

 

3

 

3

 

3

 

Diluted common shares

 

353

 

352

 

353

 

352