XML 99 R34.htm IDEA: XBRL DOCUMENT v2.4.0.8
Income per Common Share (Tables)
6 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
Summary of Earnings Per Common Share
 
Three Months Ended 
 June 30,
 
Six Months Ended 
 June 30,
(In millions, except per share data)
2014
 
2013
 
2014
 
2013
Basic earnings per share:
 
 
 
 
 
 
 
Allocation of earnings:
 
 
 
 
 
 
 
Net income attributable to MPC
$
855

 
$
593

 
$
1,054

 
$
1,318

Income allocated to participating securities
1

 
1

 
2

 
2

Income available to common stockholders - basic
$
854

 
$
592

 
$
1,052

 
$
1,316

Weighted average common shares outstanding
287

 
322

 
290

 
326

Basic earnings per share
$
2.97

 
$
1.84

 
$
3.63

 
$
4.03

Diluted earnings per share:
 
 
 
 
 
 
 
Allocation of earnings:
 
 
 
 
 
 
 
Net income attributable to MPC
$
855

 
$
593

 
$
1,054

 
$
1,318

Income allocated to participating securities
1

 
1

 
2

 
2

Income available to common stockholders - diluted
$
854

 
$
592

 
$
1,052

 
$
1,316

Weighted average common shares outstanding
287

 
322

 
290

 
326

Effect of dilutive securities
2

 
2

 
2

 
2

Weighted average common shares, including dilutive effect
289

 
324

 
292

 
328

Diluted earnings per share
$
2.95

 
$
1.83

 
$
3.60

 
$
4.01

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
 
Three Months Ended 
 June 30,
 
Six Months Ended 
 June 30,
(In millions)
2014
 
2013
 
2014
 
2013
Shares issued under stock-based compensation plans

 
1

 

 
1