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Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2015
Quarterly Financial Data [Abstract]  
Schedule of quarterly financial information
The following tables present unaudited quarterly financial data.
2015
 
 
 
 
 
 
 
 
 
(In millions, except per share data)
First
 
Second
 
Third
 
Fourth
 
Full Year
Revenues
$
2,352

 
$
2,327

 
$
2,153

 
$
2,269

 
$
9,101

Net income (loss) (a)
$
233

 
$
138

 
$
178

 
$
(70
)
 
$
479

Basic earnings (loss) per share
$
0.86

 
$
0.51

 
$
0.66

 
$
(0.26
)
 
$
1.77

Diluted earnings (loss) per share
$
0.86

 
$
0.51

 
$
0.66

 
$
(0.26
)
 
$
1.77

2014
 
 
 
 
 
 
 
 
 
(In millions, except per share data)
First
 
Second
 
Third
 
Fourth
 
Full Year
Revenues
$
2,463

 
$
2,440

 
$
2,411

 
$
2,378

 
$
9,692

Net income (loss) (b)
$
13

 
$
267

 
$
213

 
$
198

 
$
691

Basic earnings (loss) per share
$
0.05

 
$
0.99

 
$
0.79

 
$
0.73

 
$
2.56

Diluted earnings (loss) per share
$
0.05

 
$
0.98

 
$
0.79

 
$
0.73

 
$
2.55


(a)
Net income in the fourth quarter of 2015 included a charge related to recognition of a premium deficiency in our long term care business.
(b)
Net income in the first quarter of 2014 included the impairment loss on the sale of CAC.