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STOCKHOLDERS' EQUITY (Tables)
12 Months Ended
Dec. 31, 2016
STOCKHOLDERS' EQUITY  
Summary of common stock issuances

 

Shares in thousands

 

Common Stock

Balance, December 31, 2013

 

889,919 

 

Issued

 

584 

 

Options exercised and other, net

 

55 

 

Balance, December 31, 2014

 

890,558 

 

Issued

 

782 

 

Options exercised and other, net

 

20 

 

Balance, December 31, 2015

 

891,360 

 

Issued

 

843 

 

Options exercised and other, net

 

12 

 

Balance, December 31, 2016

 

892,215 

 

 

Calculation of basic and diluted EPS

 

(in millions, except per-share amounts)

 

2016

 

2015

 

2014

 

 

 

 

 

 

 

Income (loss) from continuing operations

 

$

(1,002

)

 

$

(8,146

)

 

$

(130

)

Less:  Income from continuing operations attributable to noncontrolling interest

 

 

 

 

 

(14

)

Income (loss) from contributing operations attributable to common stock

 

(1,002

)

 

(8,146

)

 

(144

)

Income from discontinued operations

 

428

 

 

317

 

 

760

 

Net income (loss)

 

(574

)

 

(7,829

)

 

616

 

Less: Net income allocated to participating securities

 

 

 

 

 

 

Net income (loss), net of participating securities

 

$

(574

)

 

$

(7,829

)

 

$

616

 

Weighted average number of basic shares

 

763.8

 

 

765.6

 

 

781.1

 

Basic earnings (loss) per common share

 

$

(0.75

)

 

$

(10.23

)

 

$

0.79

 

 

 

 

 

 

 

 

Net income (loss), net of participating securities

 

$

(574

)

 

$

(7,829

)

 

$

616

 

Weighted average number of basic shares

 

763.8

 

 

765.6

 

 

781.1

 

Dilutive securities

 

 

 

 

 

 

Total diluted weighted average common shares

 

763.8

 

 

765.6

 

 

781.1

 

Diluted earnings (loss) per common share

 

$

(0.75

)

 

$

(10.23

)

 

$

0.79

 

 

Components of accumulated other comprehensive loss

 

Balance at December 31, (in millions)

 

2016

 

2015

Foreign currency translation adjustments

 

$

(10

)

 

$

(9

)

Unrealized losses on derivatives

 

(13

)

 

(7

)

Pension and post-retirement adjustments (a)

 

(243

)

 

(291

)

Total

 

$

(266

)

 

$

(307

)

(a)      See Note 13 for further information.