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Earnings Per Share Earnings Per Share (Notes)
9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share (“EPS”) (shares in millions): 
 
 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
 
 
2014
 
2013
 
2014
 
2013
Net income for basic EPS
$
192

 
$
118

 
$
222

 
$
44

Convertible note interest, net of tax

 
1

 
1

 
1

Net income for diluted EPS
$
192

 
$
119

 
$
223

 
$
45

 
 
 
 
 
 
 
 
 
Basic weighted average shares outstanding
103.9

 
108.3

 
105.2

 
108.1

Options, warrants and non-vested stock (a)
2.0

 
3.3

 
2.0

 
3.3

Convertible debt
4.0

 
4.6

 
4.0

 
5.5

Diluted weighted average shares outstanding
109.9

 
116.2

 
111.2

 
116.9

 
 
 
 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
 
 
 
Basic
$
1.84

 
$
1.09

 
$
2.11

 
$
0.41

 
Diluted
$
1.74

 
$
1.02

 
$
2.00

 
$
0.39


__________
(a) 
For the three months ended September 30, 2014, there are no anti-dilutive securities which were excluded from the computation of diluted earnings per share. For the nine months ended September 30, 2014, the number of anti-dilutive securities which were excluded from the computation of diluted earnings per share was not significant. For the three and nine months ended September 30, 2013, the number of anti-dilutive securities which were excluded from the computation of diluted earnings per share was not significant.