Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2016

Text Block [Abstract]

Schedule Of Basic And Diluted Earnings Per Share

		Three Months Ended September 30,				Nine Months Ended September 30,
In millions except share and per share amounts		2016		2015		2016			2015
Basic earnings per share:
Net income (loss)		$	31	$	(35)	$	(73)	$	98
Less: undistributed earnings allocated to participating securities			1		-		-		3
Net income (loss) available to common shareholders			30		(35)		(73)		95
Basic weighted average shares (1)			131,633,411		155,239,723		133,368,752		169,610,370
Net income (loss) per basic common share:		$	0.23	$	(0.23)	$	(0.55)	$	0.56
Diluted earnings per share:
Net income (loss)		$	31	$	(35)	$	(73)	$	98
Less: undistributed earnings allocated to participating securities			1		-		-		3
Net income (loss) available to common shareholders			30		(35)		(73)		95
Basic weighted average shares (1)			131,633,411		155,239,723		133,368,752		169,610,370
Effect of common stock equivalents:
	Stock options		408,656		-		-		956,016
Diluted weighted average shares			132,042,067		155,239,723		133,368,752		170,566,386
Net income (loss) per diluted common share:		$	0.23	$	(0.23)	$	(0.55)	$	0.55
_________
(1) - Includes 955,217 and 600,826 of participating securities that met the service condition and were eligible to receive nonforfeitable dividends or dividend equivalents for the three months ended September 30, 2016 and 2015, respectively. Includes 867,160 and 619,889 of participating securities that met the service condition and were eligible to receive nonforfeitable dividends or dividend equivalents for the nine months ended September 30, 2016 and 2015, respectively.