Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2015

Earnings Per Share [Abstract]

Schedule Of Earnings Per Share

	For the three months ended				For the nine months ended
	September 30,				September 30,
	2015		2014		2015		2014
	(in millions, except share/per share amounts)
Net income (loss)	$	(1,739)	$	211	$	(2,449)	$	612
Mandatory convertible preferred stock dividend		27		–		79		–
Net income (loss) attributable to common stock		(1,766)		211		(2,528)		612
Number of common shares:
Weighted average outstanding		382,098,080		351,457,043		379,909,748		351,357,913
Issued upon assumed exercise of outstanding stock options (1)		–		235,944		–		354,940
Effect of issuance of non-vested restricted common stock (2)		–		514,668		–		484,786
Effect of issuance of non-vested performance units (3)		–		119,595		–		136,907
Effect of issuance of mandatory convertible preferred stock (4)		–		–		–		–
Weighted average and potential dilutive outstanding		382,098,080		352,327,250		379,909,748		352,334,546
Earnings (loss) per common share:
Basic	$	(4.62)	$	0.60	$	(6.65)	$	1.74
Diluted	$	(4.62)	$	0.60	$	(6.65)	$	1.74

⁽¹⁾ Due to the net loss for the three and nine months ended September 30, 2015, options of 3,796,778 sharesand 3,778,140shares, respectively, were antidilutive and excluded from the calculation of diluted earnings per share.  For the three and nine months ended September 30, 2014, options of 1,254,842 shares and 1,111,128 shares, respectively, were antidilutive and excluded from the calculation of diluted earnings per share. 

⁽²⁾ Due to the net loss for the three and nine months ended September 30, 2015,  1,469,380 sharesand 1,472,379shares, respectively, of restricted stock were antidilutive and excluded from the calculation of diluted earnings per share. For the three and nine months ended September 30, 2014, 27,916 shares and 24,215 shares, respectively, of restricted stock were antidilutive and excluded from the calculation of diluted earnings per share. 

⁽³⁾ Due to the net loss for the three and nine months ended September 30, 2015, 89,802 shares and 135,836 shares, respectively, of performance units were antidilutive and excluded from the calculation of diluted earnings per share.

⁽⁴⁾ Due to the net loss for the three and nine months ended September 30, 2015,  74,999,895and 69,505,397 of weighted average common shares issuable upon the assumed conversion of the mandatory convertible preferred stock, respectively, were antidilutive and excluded from the calculation of diluted earnings per share.