XML 120 R49.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings Per Common Share (Tables)
 3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following table presents the calculation of basic and diluted earnings per common share.
 
 
Three months ended March 31,
($ in millions, except per share data)
 
2014
 
2013
Net income from continuing operations
 
$
198

 
$
60

Preferred stock dividends — U.S. Department of the Treasury
 
—

 
(133
)
Preferred stock dividends
 
(68
)
 
(67
)
Net income (loss) from continuing operations attributable to common shareholders
 
130

 
(140
)
Income from discontinued operations, net of tax
 
29

 
1,033

Net income attributable to common shareholders
 
$
159

 
$
893

Basic weighted-average common shares outstanding
 
479,767,540

 
412,600,700

Diluted weighted-average common shares outstanding (a)
 
479,767,540

 
412,600,700

Basic earnings per common share
 


 
 
Net income (loss) from continuing operations
 
$
0.27

 
$
(0.34
)
Income from discontinued operations, net of tax
 
0.06

 
2.50

Net income
 
$
0.33

 
$
2.16

Diluted earnings per common share (a)
 


 
 
Net income (loss) from continuing operations
 
$
0.27

 
$
(0.34
)
Income from discontinued operations, net of tax
 
0.06

 
2.50

Net income
 
$
0.33

 
$
2.16

(a)
Due to the antidilutive effect of converting the Fixed Rate Cumulative Mandatorily Convertible Preferred Stock into common shares for the three months ended March 31, 2013 and the net loss from continuing operations attributable to common shareholders for the three months ended March 31, 2013, net income (loss) from continuing operations attributable to common shareholders and basic weighted-average common shares outstanding were used to calculate basic and diluted earnings per share.