Earnings (Loss) per share (Tables)

3 Months Ended

Mar. 31, 2012

Earnings (Loss) Per Common Share [Abstract]

Earnings (Loss) Per Common Share

	Three Months Ended March  31,
(In millions, except for per share data)	2012			2011
Earnings
Income from continuing operations
Income from continuing operations, net of tax	$	97		$	339
Less: Preferred stock dividends		10			10
Income from continuing operations, net of tax, available to common shareholders		87			329
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	$	87		$	339
Income (loss) from discontinued operations, net of tax	$	(1	)	$	162
Net income
Net income	$	96		$	501
Less: Preferred stock dividends		10			10
Net income available to common shareholders		86			491
Add: Dilutive effect of preferred stock dividends		—			10
Net income available to common shareholders and assumed conversion of preferred shares	$	86		$	501
Shares
Weighted average common shares outstanding, basic		440.7			444.6
Dilutive effect of warrants		26.4			41.1
Dilutive effect of stock compensation plans		1.9			1.8
Dilutive effect of mandatory convertible preferred shares		—			20.7
Weighted average shares outstanding and dilutive potential common shares		469.0			508.2
Earnings (loss) per common share
Basic
Income from continuing operations, net of tax, available to common shareholders	$	0.20		$	0.74
Income (loss) from discontinued operations, net of tax		—			0.36
Net income available to common shareholders	$	0.20		$	1.10
Diluted
Income from continuing operations, net of tax, available to common shareholders	$	0.19		$	0.67
Income (loss) from discontinued operations, net of tax		(0.01	)		0.32
Net income available to common shareholders	$	0.18		$	0.99