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Earnings (Loss) per Share Level 3 (Tables)
12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Earnings (Loss) Per Common Share
 
For the years ended December 31,
(In millions, except for per share data)
2015
2014
2013
Earnings
 
 
 
Income from continuing operations
 
 
 
Income from continuing operations, net of tax
$
1,673

$
1,349

$
1,225

Less: Preferred stock dividends


10

Income from continuing operations, net of tax, available to common shareholders
1,673

1,349

1,215

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
$
1,673

$
1,349

$
1,225

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

$
(551
)
$
(1,049
)
Net income
 

 

 

Net income
$
1,682

$
798

$
176

Less: Preferred stock dividends


10

Net income available to common shareholders
1,682

798

166

Add: Dilutive effect of preferred stock dividends


10

Net income available to common shareholders and assumed conversion of preferred shares
$
1,682

$
798

$
176

Shares
 

 

 

Weighted average common shares outstanding, basic
415.5

441.8

447.7

Dilutive effect of warrants
4.7

12.1

32.2

Dilutive effect of stock-based awards under compensation plans
5.0

6.3

4.5

Dilutive effect of mandatory convertible preferred shares


6.2

Weighted average shares outstanding and dilutive potential common shares [1]
425.2

460.2

490.6

Earnings (loss) per common share
 
 
 
Basic
 
 
 
Income from continuing operations, net of tax, available to common shareholders
$
4.03

$
3.05

$
2.71

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

(1.24
)
(2.34
)
Net income available to common shareholders
$
4.05

$
1.81

$
0.37

Diluted
 

 

 

Income from continuing operations, net of tax, available to common shareholders
$
3.93

$
2.93

$
2.50

Income (loss) from discontinued operations, net of tax
0.03

(1.20
)
(2.14
)
Net income available to common shareholders
$
3.96

$
1.73

$
0.36