Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2012

Earnings Per Share [Abstract]

Schedule of computation of basic and diluted earnings per share

Computation of Earnings Per Share

	Third Quarter				Nine Months
	2012		2011		2012		2011
	(in millions, except per share amounts)
Basic earnings per share (“EPS”):
Net income (loss) attributable to AGL	$	142	$	761	$	36	$	857
Less: Distributed and undistributed income (loss) available to nonvested shareholders	—		1		1		1
Distributed and undistributed income (loss) available to common shareholders of AGL and subsidiaries	$	142	$	760	$	35	$	856
Basic shares	194.0		183.2		187.6		183.7
Basic EPS	$	0.73	$	4.15	$	0.19	$	4.66
Diluted EPS:
Distributed and undistributed income (loss) available to common shareholders of AGL and subsidiaries	$	142	$	760	$	35	$	856
Plus: Re-allocation of undistributed income (loss) available to nonvested shareholders of AGL and subsidiaries	—		—		—		—
Distributed and undistributed income (loss) available to common shareholders of AGL and subsidiaries	$	142	$	760	$	35	$	856
Basic shares	194.0		183.2		187.6		183.7
Effect of dilutive securities:
Options and restricted stock awards	0.7		0.8		0.7		0.9
Equity units	—		—		1.0		1.7
Diluted shares	194.7		184.0		189.3		186.3
Diluted EPS	$	0.73	$	4.13	$	0.19	$	4.60
Potentially dilutive securities excluded from computation of EPS because of antidilutive effect	3.9		13.3		11.9		6.7