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Earnings (Losses) per Share
6 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
Earnings (Losses) per Share

Note 3. Earnings (Losses) per Share

The following is a reconciliation of basic earnings per share to diluted earnings per share for income from continuing operations attributable to our common shareholders (in millions, except per share data):

 

     Three Months Ended
June 30,
     Six Months Ended
June 30,
 
     2013      2012      2013      2012  

Income from continuing operations

   $ 137       $ 129       $ 280       $ 258   
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted average common shares for basic earnings per share

     192         195         192         193   

Effect of dilutive stock options and restricted stock awards

     2         3         2         4   
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted average common shares for diluted earnings per share

     194         198         194         197   
  

 

 

    

 

 

    

 

 

    

 

 

 

Basic earnings per share

   $ 0.72       $ 0.67       $ 1.46       $ 1.34   
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted earnings per share

   $ 0.71       $ 0.66       $ 1.44       $ 1.31   
  

 

 

    

 

 

    

 

 

    

 

 

 

Approximately 0.6 million shares and 1.5 million shares for the three months ended June 30, 2013 and 2012, respectively, and 0.7 million shares and 1.3 million shares for the six months ended June 30, 2013 and 2012, respectively, were excluded from the computation of diluted shares, as their impact would have been anti-dilutive.