XML 47 R35.htm IDEA: XBRL DOCUMENT v3.10.0.1
Stockholders' Equity (Tables)
 6 Months Ended
Jun. 30, 2018
Stockholders' Equity Note [Abstract]  
Earnings Per Share Table
The following provides a reconciliation between basic and diluted EPS attributable to common stockholders:
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
millions except per-share amounts
2018
 
2017
 
2018
 
2017
Net income (loss)
 
 
 
 
 
 
 
Net income (loss) attributable to common stockholders
$
29

 
$
(415
)
 
$
150

 
$
(733
)
Income (loss) effect of TEUs
(1
)
 
(2
)
 
(4
)
 
(4
)
Less distributions on participating securities
1

 
—

 
2

 
—

Basic
$
27

 
$
(417
)
 
$
144

 
$
(737
)
Income (loss) effect of TEUs
—

 
(1
)
 
(1
)
 
(1
)
Diluted
$
27

 
$
(418
)
 
$
143

 
$
(738
)
Shares
 
 
 
 
 
 
 
Average number of common shares outstanding—basic
504

 
552

 
511

 
552

Dilutive effect of stock options
1

 
—

 
1

 
—

Average number of common shares outstanding—diluted
505

 
552

 
512

 
552

Excluded due to anti-dilutive effect
9

 
11

 
9

 
11

Net income (loss) per common share
 
 
 
 
 
 
 
Basic
$
0.05

 
$
(0.76
)
 
$
0.28

 
$
(1.34
)
Diluted
$
0.05

 
$
(0.76
)
 
$
0.28

 
$
(1.34
)
Schedule of Accelerated Share Repurchases
During the six months ended June 30, 2018, the Company entered into and completed two ASR Agreements as presented below:
millions except per-share amounts
 
 
 
 
 
 
 
 
Agreement Date
 
Settlement Date
 
Amount
 
Average Price per Share
 
Initial Shares Delivered
 
Additional Shares Delivered
 
Total Shares Delivered
January 2018
 
February 2018
 
$
500

 
$
58.82

 
7.0

 
1.5

 
8.5

March 2018
 
June 2018
 
1,441

 
65.28

 
19.1

 
3.0

 
22.1

Total



$
1,941





26.1


4.5


30.6