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Equity And Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2013
Text Block [Abstract]  
Schedule Of Basic And Diluted Earnings Per Share
     Three Months
Ended March 31,
 
     2013     2012  
     (millions of dollars, except
per share data)
 

Income (Numerator):

    

Net (Loss) Income from continuing operations

   $ (430 )   $ 63  

Net (Loss) Income from discontinued operations

     —         5  
  

 

 

   

 

 

 

Net (Loss) Income

   $ (430 )   $ 68  
  

 

 

   

 

 

 

Shares (Denominator) (in millions):

    

Weighted average shares outstanding for basic computation:

    

Average shares outstanding

     237       228  

Adjustment to shares outstanding

     —         —    
  

 

 

   

 

 

 

Weighted Average Shares Outstanding for Computation of Basic Earnings Per Share of Common Stock

     237       228  

Net effect of potentially dilutive shares (a)

     —         —    
  

 

 

   

 

 

 

Weighted Average Shares Outstanding for Computation of Diluted Earnings Per Share of Common Stock

     237       228  
  

 

 

   

 

 

 

Basic and Diluted Earnings per Share

    

(Loss) Earnings per share of common stock from continuing operations

   $ (1.82 )   $ 0.28  

Earnings per share of common stock from discontinued operations

     —         0.02  
  

 

 

   

 

 

 

Basic and diluted (loss) earnings per share

   $ (1.82   $ 0.30   
  

 

 

   

 

 

 

 

(a) The number of options to purchase shares of common stock that were excluded from the calculation of diluted EPS as they are considered to be anti-dilutive were zero and 3,000 for the three months ended March 31, 2013 and 2012, respectively.