Earnings (Loss) Per Share

12 Months Ended

Dec. 31, 2012

Earnings Per Share [Abstract]

Earnings (Loss) Per Share

Earnings (Loss) Per Share

The following table sets forth the computation of basic and diluted earnings (loss) per share (in millions, except per share amounts):

	Year Ended December 31,
	2012			2011			2010
Numerator:
Net earnings (loss) – numerator for basic earnings (loss) per share	$	(1,876	)	$	(1,979	)	$	(471	)
Denominator:
Denominator for basic earnings (loss) per share – weighted average shares	335			335			333
Effect of dilutive securities:
Employee options and shares	—			—			—
Assumed treasury shares purchased	—			—			—
Diluted potential common shares	—			—			—
Denominator for diluted earnings loss per share – weighted-average shares	335			335			333
Basic earnings (loss) per share	$	(5.60	)	$	(5.91	)	$	(1.41	)
Diluted earnings (loss) per share	$	(5.60	)	$	(5.91	)	$	(1.41	)
The following were excluded from the calculation:
Convertible notes, employee stock options and deferred stock because inclusion would be anti-dilutive	46			51			57
Employee stock options because the options’ exercise price was greater than the average market price of the shares	23			20			12