General (Tables)

6 Months Ended

Jun. 30, 2020

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Net Income for Shareholders and Participating Securities

The following table sets forth the allocation of net (loss) income available to shareholders of Class P shares and participating securities:

	Three Months Ended June 30,				Six Months Ended June 30,
	2020		2019		2020		2019
	(In millions, except per share amounts)
Net (Loss) Income Available to Common Stockholders	$	(637)	$	518	$	(943)	$	1,074
Participating securities:
Less: Net Income allocated to restricted stock awards(a)	(3)		(3)		(6)		(6)
Net (Loss) Income Allocated to Class P Stockholders	$	(640)	$	515	$	(949)	$	1,068
Basic Weighted Average Common Shares Outstanding	2,261		2,262		2,263		2,262
Basic (Loss) Earnings Per Common Share	$	(0.28)	$	0.23	$	(0.42)	$	0.47

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(a)As of June 30, 2020, there were approximately 12 million restricted stock awards outstanding.

Schedule of Antidilutive Securities

The following maximum number of potential common stock equivalents are antidilutive and, accordingly, are excluded from the determination of diluted earnings per share:

	Three Months Ended June 30,		Six Months Ended June 30,
	2020	2019	2020	2019
	(In millions on a weighted average basis)
Unvested restricted stock awards	12	13	12	13
Convertible trust preferred securities	3	3	3	3