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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Schedule of earnings per share
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
(dollars in millions, except share data)
2014
 
2013
 
2014
 
2013
Numerator:
 
 
 
 
 
 
 
Basic:
 
 
 
 
 
 
 
Net income (loss) from operations

$189

 

$144

 

$668

 

($3,578
)
Less: undistributed earnings allocated to participating securities

 

 

 

Net income (loss) available to common shareholders

$189

 

$144

 

$668

 

($3,578
)
Diluted:
 
 
 
 
 
 
 
Net income (loss) from operations

$189

 

$144

 

$668

 

($3,578
)
Less: undistributed earnings allocated to participating securities

 

 

 

Net income (loss) available to common shareholders

$189

 

$144

 

$668

 

($3,578
)
Denominator:
 
 
 
 
 
 
 
Weighted-average common shares outstanding - basic
559,998,324

 
559,998,324

 
559,998,324

 
559,998,324

Dilutive common shares
245,423

 

 
82,707

 

Weighted-average common shares outstanding - diluted
560,243,747

 
559,998,324

 
560,081,031

 
559,998,324

Earnings per common share:
 
 
 
 
 
 
 
Basic

$0.34

 

$0.26

 

$1.19

 

($6.39
)
Diluted
0.34

 
0.26

 
1.19

 
(6.39
)