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Earnings Per Common Share (Tables)
6 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
Numerators and Denominators Used in 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
June 30,
    Six Months Ended
June 30,
 
     2013     2012     2013     2012  

Numerator (basic and diluted):

        

Income (loss) from continuing operations

   $ 82      $ (51   $ 138      $ (9

Allocation to unvested restricted stock awards

     (2     (1     (3     (1
  

 

 

   

 

 

   

 

 

   

 

 

 

Income (loss) from continuing operations attributable to common shareholders

     80        (52     135        (10
  

 

 

   

 

 

   

 

 

   

 

 

 

Loss from discontinued Operations, net

     (5     (24     (14     (33
  

 

 

   

 

 

   

 

 

   

 

 

 

Net income (loss) available to common shareholders

   $ 75      $ (76   $ 121      $ (43
  

 

 

   

 

 

   

 

 

   

 

 

 

Denominator:

        

Basic common shares (based upon weighted average)

     349        349        349        349   

Add:

        

Contingent common shares

     —          —          —          —     

Stock option dilution

     3        —          3        —     
  

 

 

   

 

 

   

 

 

   

 

 

 

Diluted common shares

     352        349        352        349