Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2017

Earnings Per Share [Abstract]

Schedule Of Earnings Per Share

	For the three months ended				For the six months ended
	June 30,				June 30,
	2017		2016		2017		2016
	(in millions, except share/per share amounts)
Net income (loss)	$	284	$	(593)	$	635	$	(1,725)
Mandatory convertible preferred stock dividend		27		27		54		54
Participating securities - mandatory convertible preferred stock		33		–		76		–
Net income (loss) attributable to common stock	$	224	$	(620)	$	505	$	(1,779)
Number of common shares:
Weighted average outstanding		496,419,815		385,594,815		494,753,391		384,232,831
Issued upon assumed exercise of outstanding stock options		–		–		3,317		–
Effect of issuance of non-vested restricted common stock		761,311		–		707,576		–
Effect of issuance of non-vested performance units		1,043,473		–		1,163,559		–
Effect of issuance of mandatory convertible preferred stock		–		–		–		–
Weighted average and potential dilutive outstanding		498,224,599		385,594,815		496,627,843		384,232,831
Earnings (loss) per common share:
Basic	$	0.45	$	(1.61)	$	1.02	$	(4.63)
Diluted	$	0.45	$	(1.61)	$	1.02	$	(4.63)

Schedule Of Antidilutive Securities Excluded From Computation Of Earnings Per Share

	For the three months ended		For the six months ended
	June 30,		June 30,
	2017	2016	2017	2016
Unvested stock options	−	4,028,819	1,344,942	4,781,109
Unvested share-based payment	6,106,322	3,353,371	3,504,222	2,844,365
Performance units	1,268,040	780,920	980,836	577,624
Mandatory convertible preferred stock	74,999,895	74,999,895	74,999,895	74,999,895
Total	82,374,257	83,163,005	80,829,895	83,202,993