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Earnings Per Common Share (Tables)
12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Reconciliation of Numerator and Denominator for Basic and Diluted Earnings Per Share

The following is a reconciliation of the numerator and denominator for basic and diluted earnings per share (“EPS”) calculations for the years ended December 31:

 

 

 

2015

 

 

2014

 

 

2013

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

476

 

 

$

430

 

 

$

371

 

Loss from discontinued operations, net of tax

 

 

 

 

(7

)

 

 

(2

)

Net income available to common stockholders

 

$

476

 

 

$

423

 

 

$

369

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstandingBasic

 

 

179

 

 

 

179

 

 

 

178

 

Effect of dilutive common stock equivalents

 

 

1

 

 

 

1

 

 

 

1

 

Weighted average common shares outstanding—Diluted

 

 

180

 

 

 

180

 

 

 

179