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Earnings Per Share of Common Stock (Tables)
3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Reconciliation of basic and diluted earnings per share
The following table reconciles basic and diluted earnings per share of common stock:

(In millions, except per share amounts)
 
Three Months Ended March 31

Reconciliation of Basic and Diluted Earnings per Share of Common Stock
 
2014

2013

 
 
 
 
Income from continuing operations
 
$
122

 
$
192

 
Discontinued operations (Note 13)
 
86

 
4

 
Net income
 
$
208

 
$
196

 
 
 
 
 
 
 
Weighted average number of basic shares outstanding
 
419

 
418

 
Assumed exercise of dilutive stock options and awards(1)
 
1

 
1

 
Weighted average number of diluted shares outstanding
 
420

 
419

 
 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
Basic earnings per share:
 
 
 
 
 
Income from continuing operations
 
$
0.29

 
$
0.46

 
Discontinued operations (Note 13)
 
0.21

 
0.01

 
Net earnings per basic share
 
$
0.50

 
$
0.47

 
 
 
 
 
 
 
Diluted earnings per share:
 
 
 
 
 
Income from continuing operations
 
$
0.29

 
$
0.46

 
Discontinued operations (Note 13)
 
0.20

 
0.01

 
Net earnings per diluted share
 
$
0.49

 
$
0.47

 

(1) 
For the three months ended March 31, 2014, 2 million shares were excluded from the calculation of diluted shares outstanding, as their inclusion would be antidilutive. The number of potentially dilutive securities not included in the calculation of diluted shares outstanding due to their antidilutive effect was not significant for the three months ended March 31, 2013.