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Earnings (Loss) Per Share (Tables)
12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Computations Of Basic And Diluted 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 in thousands):
 
Year Ended December 31,
 
2013
 
2012
 
2011
Basic EPS:
 
 
 
 
 
Net income (loss)
$
(1,834
)
 
$
(1,876
)
 
$
(1,979
)
Weighted-average shares outstanding
163,046

 
125,231

 
124,985

Basic EPS
$
(11.25
)
 
$
(14.98
)
 
$
(15.83
)
 
 
 
 
 
 
Diluted EPS:
 
 
 
 
 
Net income (loss)
$
(1,834
)
 
$
(1,876
)
 
$
(1,979
)
Interest on senior convertible notes 1

 

 

Net income (loss) for purposes of computing diluted EPS
$
(1,834
)
 
$
(1,876
)
 
$
(1,979
)
Share computation for diluted EPS:
 
 
 
 
 
Weighted-average shares outstanding
163,046

 
125,231

 
124,985

Dilutive effect of stock awards

 

 

Senior convertible notes

 

 

Employee options and shares

 

 

Weighted average common shares outstanding - as adjusted
163,046

 
125,231

 
124,985

Diluted EPS
$
(11.25
)
 
$
(14.98
)
 
$
(15.83
)
 
 
 
 
 
 
The following were excluded from the calculation of diluted EPS:
 
 
 
 
 
Convertible notes, employee stock options and deferred stock because inclusion would be anti-dilutive
$
19

 
$
17

 
$
19

'Employee stock options because the options' exercise prices were greater than the average market price of shares
4

 
9

 
7


(1)
The year ended December 31, 2013 does not include the impact of post-petition interest recorded in first quarter of 2013. If such amounts were included, results would have been anti-dilutive and conversion would not have been assumed.