CAPITAL STOCK (Tables)

9 Months Ended

Sep. 30, 2012

Net Income (Loss) per Common Share

A reconciliation of the components of basic and diluted net income per common share for the quarters and nine-month periods ended September 30, 2012 and 2011 is presented in the table below.

	For the Quarter Ended September 30,
	2012						2011
	Income		Shares		Per Share		Income		Shares		Per Share
	(In millions, except per share amounts)
Basic:
Income attributable to common stock	$	161		391	$	0.41	$	983		384	$	2.56
Effect of Dilutive Securities:
Mandatory Convertible Preferred Stock		—		—				19		14
Stock options and other		—		2				—		2
Diluted:
Income attributable to common stock, including assumed conversions	$	161		393	$	0.41	$	1,002		400	$	2.50
	For the Nine Months Ended September 30,
	2012						2011
	Income		Shares		Per Share		Income		Shares		Per Share
	(In millions, except per share amounts)
Basic:
Income attributable to common stock	$	1,276		388	$	3.29	$	3,338		384	$	8.70
Effect of Dilutive Securities:
Mandatory Convertible Preferred Stock		—		—				57		14
Stock options and other		—		2				—		2
Diluted:
Income attributable to common stock, including assumed conversions	$	1,276		390	$	3.27	$	3,395		400	$	8.49