Earnings (Loss) Per Common Share Earnings (Loss) Per Share (Tables)

6 Months Ended

Jun. 30, 2014

Earnings Per Share [Abstract]

Earnings (Loss) Per Common Share

	Three Months Ended June 30,						Six Months Ended June 30,
(In millions, except for per share data)	2014			2013			2014			2013
Earnings
Income from continuing operations
Income from continuing operations, net of tax	$	150		$	233		$	616		$	476
Less: Preferred stock dividends	—			—			—			10
Income from continuing operations, net of tax, available to common shareholders	$	150		$	233		$	616		$	466
Add: Dilutive effect of preferred stock dividends	—			—			—			10
Income from continuing operations, net of tax, available to common shareholders and assumed conversion of preferred shares	$	150		$	233		$	616		$	476
Loss from discontinued operations, net of tax	$	(617	)	$	(423	)	$	(588	)	$	(907	)
Net income (loss)
Net income (loss)	$	(467	)	$	(190	)	$	28		$	(431	)
Less: Preferred stock dividends	—			—			—			10
Net income (loss) available to common shareholders	$	(467	)	$	(190	)	$	28		$	(441	)
Add: Dilutive effect of preferred stock dividends	—			—			—			10
Net income (loss) available to common shareholders and assumed conversion of preferred shares	$	(467	)	$	(190	)	$	28		$	(431	)
Shares
Weighted average common shares outstanding, basic	450.6			451.4			450.2			443.8
Dilutive effect of warrants	11.0			33.4			16.9			32.6
Dilutive effect of stock compensation plans	6.3			4.2			6.2			4.0
Dilutive effect of mandatory convertible preferred shares	—			—			—			12.4
Weighted average shares outstanding and dilutive potential common shares	467.9			489.0			473.3			492.8
Earnings (loss) per common share
Basic
Income from continuing operations, net of tax, available to common shareholders	$	0.33		$	0.52		$	1.37		$	1.05
Loss from discontinued operations, net of tax	(1.37		)	(0.94		)	(1.31		)	(2.04		)
Net income (loss) available to common shareholders	$	(1.04	)	$	(0.42	)	$	0.06		$	(0.99	)
Diluted
Income from continuing operations, net of tax, available to common shareholders	$	0.32		$	0.48		$	1.30		$	0.97
Loss from discontinued operations, net of tax	(1.32		)	(0.87		)	(1.24		)	(1.84		)
Net income (loss) available to common shareholders	$	(1.00	)	$	(0.39	)	$	0.06		$	(0.87	)