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Earnings per Share (Tables)
 6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table sets forth the computation of basic and diluted earnings per share of common stock (shares in thousands):
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
(in millions, except per-share data)
2017
 
2016
 
2017
 
2016
Basic Earnings (Loss) per Share:
 
 
 
 
 
 
 
Net loss from continuing operations
$
(4
)
 
$
(10
)
 
$
(14
)
 
$
(33
)
Accrued dividends on preferred stock
(3
)
 
—

 
(5
)
 
—

Adjusted Net Loss From Continuing Operations Available to Common Shareholders
(7
)
 
(10
)
 
(19
)
 
(33
)
Income from discontinued operations, net of tax
—

 
—

 
4

 
—

Adjusted Net Loss Available to Common Shareholders
$
(7
)
 
$
(10
)
 
$
(15
)
 
$
(33
)
Weighted average common shares outstanding
203,673

 
202,875

 
203,522

 
202,875

 
 
 
 
 
 
 
 
Basic Earnings (Loss) per Share:
 
 
 
 
 
 
 
Continuing operations
$
(0.03
)
 
$
(0.05
)
 
$
(0.09
)
 
$
(0.17
)
Discontinued operations
—

 
—

 
0.02

 
—

Basic Loss per Share
$
(0.03
)
 
$
(0.05
)
 
$
(0.07
)
 
$
(0.17
)
 
 
 
 
 
 
 
 
Diluted Earnings (Loss) per Share:
 
 
 
 
 
 
 
Net loss from continuing operations
$
(4
)
 
$
(10
)
 
$
(14
)
 
$
(33
)
Accrued dividends on preferred stock
(3
)
 
—

 
(5
)
 
—

Adjusted Net Loss from Continuing Operations Available to Common Shareholders
(7
)
 
(10
)
 
(19
)
 
(33
)
Net income from discontinued operations
—

 
—

 
4

 
—

Adjusted Net Loss Available to Common Shareholders
$
(7
)
 
$
(10
)
 
$
(15
)
 
$
(33
)
Weighted average common shares outstanding(1)
203,673

 
202,875

 
203,522

 
202,875

 
 
 
 
 
 
 
 
Diluted Earnings (Loss) per Share:
 
 
 
 
 
 
 
Continuing operations
$
(0.03
)
 
$
(0.05
)
 
$
(0.09
)
 
$
(0.17
)
Discontinued operations
—

 
—

 
0.02

 
—

Diluted Loss per Share:
$
(0.03
)
 
$
(0.05
)
 
$
(0.07
)
 
$
(0.17
)
 
 
 
 
 
 
 
 
(1) Due to the net loss from continuing operations, the computation of weighted average shares is the same for basic and diluted earnings per share.