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Basic and Diluted Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2011
Notes to Financial Statements [Abstract]  
Calculation of Basic and Diluted Earnings (Loss) Per Share
The following table summarizes the calculation of basic and diluted earnings per share:
 
   
Three Months Ended
June 30,
  
Six Months Ended
June 30,
 
   
2011
  
2010
  
2011
  
2010
 
(millions, except per share amounts)
            
Net Income
 $294  $204  $308  $441 
Earnings Adjustment from Assumed Conversion of Dilutive Shares of Common Stock in Rabbi Trust (1)
  (4)  (9)  -   (7)
Net Income Used for Diluted Earnings Per Share Calculation
 $290  $195  $308  $434 
                  
Weighted Average Number of Shares Outstanding, Basic
  176   175   176   175 
Incremental Shares from Assumed Conversion of Dilutive Stock Options, Restricted Stock and Shares of Common Stock in Rabbi Trust
  3   3   2   3 
Weighted Average Number of Shares Outstanding, Diluted
  179   178   178   178 
Earnings Per Share, Basic
 $1.66  $1.17  $1.75  $2.53 
Earnings Per Share, Diluted
  1.61   1.10   1.73   2.44 
                  
Number of antidilutive stock options, shares of restricted stock and shares of common stock in rabbi trust excluded from calculation above
  2   2   3   2 
 
(1)
The diluted earnings per share calculation includes a decrease to net income related to a deferred compensation gain from shares of our common stock held in a rabbi trust.  When dilutive, the deferred compensation gain or loss (net of tax) is excluded from net income while the shares of our common stock held in the rabbi trust are included in the outstanding diluted share count.