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Earnings Per Common Share (Tables)
6 Months Ended
Jun. 30, 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
June 30,
 
Six months ended
June 30,
($ in millions, except share data)
 
2014
 
2013
 
2014
 
2013
Net income from continuing operations
 
$
283

 
$
100

 
$
481

 
$
160

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

 
(133
)
 

 
(267
)
Preferred stock dividends
 
(65
)
 
(67
)
 
(133
)
 
(134
)
Net income (loss) from continuing operations attributable to common shareholders
 
218

 
(100
)
 
348

 
(241
)
Income (loss) from discontinued operations, net of tax
 
40

 
(1,027
)
 
69

 
6

Net income (loss) attributable to common shareholders
 
$
258

 
$
(1,127
)
 
$
417

 
$
(235
)
Basic weighted-average common shares outstanding (a)
 
481,350,249

 
412,600,700

 
480,563,267

 
412,600,700

Diluted weighted-average common shares outstanding (a) (b)
 
482,342,629

 
412,600,700

 
481,055,084

 
412,600,700

Basic earnings per common share
 


 
 
 
 
 
 
Net income (loss) from continuing operations
 
$
0.45

 
$
(0.24
)
 
$
0.73

 
$
(0.58
)
Income (loss) from discontinued operations, net of tax
 
0.09

 
(2.49
)
 
0.14

 
0.01

Net income (loss)
 
$
0.54

 
$
(2.73
)
 
$
0.87

 
$
(0.57
)
Diluted earnings per common share
 


 
 
 
 
 
 
Net income (loss) from continuing operations
 
$
0.45

 
$
(0.24
)
 
$
0.73

 
$
(0.58
)
Income (loss) from discontinued operations, net of tax
 
0.09

 
(2.49
)
 
0.14

 
0.01

Net income (loss)
 
$
0.54

 
$
(2.73
)
 
$
0.87

 
$
(0.57
)
(a)
Includes 1.6 million shares related to share-based compensation that have vested but have not been issued as of June 30, 2014.
(b)
Due to the antidilutive effect of converting the Fixed Rate Cumulative Mandatorily Convertible Preferred Stock into common shares for the three months and six months ended June 30, 2013 and the net loss from continuing operations attributable to common shareholders for the three months and six months ended June 30, 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.