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Earnings Per Share Earnings Per Share (Notes)
 3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share

The following table sets forth the computation of basic and diluted earnings (loss) per share (“EPS”) (shares in millions): 
 
 
Three Months Ended 
 March 31,
 
 
2015
 
2014
Net income (loss) for basic and diluted EPS
$
(9
)
 
$
4

 
 
 
 
 
Basic weighted average shares outstanding
106.1

 
106.6

Options and non-vested stock (a)
—

 
2.0

Convertible debt (b)
—

 
—

Diluted weighted average shares outstanding
106.1

 
108.6

 
 
 
 
 
Earnings (loss) per share:
 
 
 
 
Basic
$
(0.09
)
 
$
0.03

 
Diluted
$
(0.09
)
 
$
0.03


__________
(a) 
As the Company incurred a net loss for the three months ended March 31, 2015, 0.8 million outstanding options and 2.1 million non-vested stock awards have an anti-dilutive effect and therefore are excluded from the computation of diluted weighted average shares outstanding. For the three months ended March 31, 2014, the number of anti-dilutive securities which were excluded from the computation of diluted earnings per share was not significant.
(b) 
For the three months ended March 31, 2014, 4.0 million issuable shares underlying the 3½% convertible notes due 2014 have an anti-dilutive effect and therefore are excluded from the computation of diluted weighted average shares outstanding.