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Earnings (Loss) per Share Level 3 (Tables)
12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Earnings (Loss) Per Common Share
 
For the years ended December 31,
(In millions, except for per share data)
2014
2013
2012
Earnings
 
 
 
Income from continuing operations
 
 
 
Income from continuing operations, net of tax
$
1,349

$
1,225

$
220

Less: Preferred stock dividends

10

42

Income from continuing operations, net of tax, available to common shareholders
1,349

1,215

178

Add: Dilutive effect of preferred stock dividends

10

42

Income from continuing operations, net of tax, available to common shareholders and assumed conversion of preferred shares
1,349

1,225

220

Loss from discontinued operations, net of tax
(551
)
(1,049
)
(258
)
Net income (loss)
 

 

 

Net income (loss)
798

176

(38
)
Less: Preferred stock dividends

10

42

Net income (loss) available to common shareholders
$
798

$
166

$
(80
)
Add: Dilutive effect of preferred stock dividends

10

42

Net income (loss) available to common shareholders and assumed conversion of preferred shares
798

176

(38
)
Shares
 

 

 

Weighted average common shares outstanding, basic
441.8

447.7

437.7

Dilutive effect of warrants
12.1

32.2

26.0

Dilutive effect of stock-based awards under compensation plans
6.3

4.5

2.2

Dilutive effect of mandatory convertible preferred shares

6.2


Weighted average shares outstanding and dilutive potential common shares [1]
460.2

490.6

465.9

Earnings (loss) per common share
 
 
 
Basic
 
 
 
Income from continuing operations, net of tax, available to common shareholders
$
3.05

$
2.71

$
0.41

Loss from discontinued operations, net of tax
(1.24
)
(2.34
)
(0.59
)
Net income (loss) available to common shareholders
$
1.81

$
0.37

$
(0.18
)
Diluted
 

 

 

Income from continuing operations, net of tax, available to common shareholders
$
2.93

$
2.50

$
0.38

Loss from discontinued operations, net of tax
(1.20
)
(2.14
)
(0.55
)
Net income (loss) available to common shareholders
$
1.73

$
0.36

$
(0.17
)