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Earnings Per Share of Common Stock (Tables)
 9 Months Ended
Sep. 30, 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 September 30

Nine Months Ended September 30
Reconciliation of Basic and Diluted Earnings per Share of Common Stock
 
2014

2013

2014

2013
 
 
 
 
 
 
 
Income from continuing operations
 
$
333

 
$
209

 
$
519

 
$
233

Discontinued operations (Note 14)
 
—

 
9

 
86

 
17

Net income
 
$
333

 
$
218

 
$
605

 
$
250

 
 
 
 
 
 
 
 
 
Weighted average number of basic shares outstanding
 
420

 
418

 
419

 
418

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

 
1

 
1

 
1

Weighted average number of diluted shares outstanding
 
421

 
419

 
420

 
419

 
 
 
 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
 
 
 
Basic earnings per share:
 
 
 
 
 
 
 
 
Income from continuing operations
 
$
0.79

 
$
0.50

 
$
1.24

 
$
0.56

Discontinued operations (Note 14)
 
—

 
0.02

 
0.20

 
0.04

Net earnings per basic share
 
$
0.79

 
$
0.52

 
$
1.44

 
$
0.60

 
 
 
 
 
 
 
 
 
Diluted earnings per share:
 
 
 
 
 
 
 
 
Income from continuing operations
 
$
0.79

 
$
0.50

 
$
1.24

 
$
0.56

Discontinued operations (Note 14)
 
—

 
0.02

 
0.20

 
0.04

Net earnings per diluted share
 
$
0.79

 
$
0.52

 
$
1.44

 
$
0.60


(1) 
For the three months ended September 30, 2014 and September 30, 2013, 1 million and 2 million shares, respectively, were excluded from the calculation of diluted shares outstanding, as their inclusion would be antidilutive. For the nine months ended September 30, 2014 and September 30, 2013, 2 million shares were excluded from the calculation of diluted shares outstanding, as their inclusion would be antidilutive.