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Earnings (Loss) Per Common Share Level 1 (Notes)
 9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
The following table presents the computation of basic and diluted earnings per common share.
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(In millions, except for per share data)
2015
2014
 
2015
2014
Earnings
 
 
 
 
 
Income from continuing operations, net of tax
$
372

$
388

 
$
1,252

$
1,004

Income (loss) from discontinued operations, net of tax
9

—

 
9

(588
)
Net income
$
381

$
388

 
$
1,261

$
416

Shares
 
 
 
 
 
Weighted average common shares outstanding, basic
413.8

437.2

 
418.4

445.9

Dilutive effect of stock compensation plans
5.1

5.9

 
5.0

6.1

Dilutive effect of warrants
4.1

7.7

 
4.9

13.9

Weighted average common shares outstanding and dilutive potential common shares [1]
423.0

450.8

 
428.3

465.9

Earnings per common share
 
 
 
 
 
Basic
 
 
 
 
 
Income from continuing operations, net of tax
$
0.90

$
0.89

 
$
2.99

$
2.25

Income (loss) from discontinued operations, net of tax
0.02

—

 
0.02

(1.32
)
Net income per common share
$
0.92

$
0.89

 
$
3.01

$
0.93

Diluted
 
 
 
 
 
Income from continuing operations, net of tax
$
0.88

$
0.86

 
$
2.92

$
2.15

Income (loss) from discontinued operations, net of tax
0.02

—

 
0.02

(1.26
)
Net income per common share
$
0.90

$
0.86

 
$
2.94

$
0.89


[1]
Includes 3.5 million common shares for the three and nine months ended September 30, 2014 related to the forward purchase of shares under an accelerated share repurchase agreement (“ASR”), as the effect of excluding these shares would have been anti-dilutive. As the ASR matured in December 2014, the additional 3.5 million common shares have been excluded from shares of treasury stock acquired reported in the accompanying Condensed Consolidated Statements of Changes in Stockholders' Equity for the nine months ended September 30, 2014.
Basic earnings per share is computed based on the weighted average number of common shares outstanding during the year. Diluted potential common shares are included in the calculation of diluted per share amounts provided there is income from continuing operations, net of tax. Diluted earnings per share includes the dilutive effect of assumed exercise or issuance of warrants and stock-based awards under compensation plans using the treasury stock method.
Under the treasury stock method, for warrants and stock-based awards, shares are assumed to be issued and then reduced for the number of shares repurchaseable with theoretical proceeds at the average market price for the period. Contingently issuable shares are included for the number of shares issuable assuming the end of the reporting period was the end of the contingency period, if dilutive.