Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2017

Earnings Per Share [Abstract]

Schedule Of Earnings Per Share

	For the three months ended				For the nine months ended
	September 30,				September 30,
	2017		2016		2017		2016
	(in millions, except share/per share amounts)
Net income (loss)	$	77	$	(708)	$	712	$	(2,433)
Mandatory convertible preferred stock dividend		27		27		81		81
Participating securities - mandatory convertible preferred stock		7		–		83		–
Net income (loss) attributable to common stock	$	43	$	(735)	$	548	$	(2,514)
Number of common shares:
Weighted average outstanding		499,812,926		482,485,150		496,458,435		417,222,661
Issued upon assumed exercise of outstanding stock options		–		–		−		–
Effect of issuance of non-vested restricted common stock		1,202,585		–		883,512		–
Effect of issuance of non-vested performance units		1,275,268		–		1,185,724		–
Effect of issuance of mandatory convertible preferred stock		–		–		–		–
Weighted average and potential dilutive outstanding		502,290,779		482,485,150		498,527,671		417,222,661
Earnings (loss) per common share:
Basic	$	0.09	$	(1.52)	$	1.11	$	(6.02)
Diluted	$	0.09	$	(1.52)	$	1.10	$	(6.02)

Schedule Of Antidilutive Securities Excluded From Computation Of Earnings Per Share

	For the three months ended		For the nine months ended
	September 30,		September 30,
	2017	2016	2017	2016
Unvested stock options	180,932	3,409,596	60,973	3,714,095
Unvested share-based payment	5,703,086	599,372	5,356,166	993,576
Performance units	1,036,422	935,330	1,036,422	762,171
Mandatory convertible preferred stock	74,999,895	74,999,895	74,999,895	74,999,895
Total	81,920,335	79,944,193	81,453,456	80,469,737