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STOCKHOLDERS' EQUITY (Tables)
12 Months Ended
Dec. 31, 2014
STOCKHOLDERS' EQUITY  
Summary of common stock issuances

 

Shares in thousands

 

Common Stock

Balance, December 31, 2011

 

886,809 

 

Issued

 

1,746 

 

Options exercised and other, net

 

246 

 

Balance, December 31, 2012

 

888,801 

 

Issued

 

826 

 

Options exercised and other, net

 

292 

 

Balance, December 31, 2013

 

889,919 

 

Issued

 

584 

 

Options exercised and other, net

 

55 

 

Balance, December 31, 2014

 

890,558 

 

 

Calculation of basic and diluted EPS

 

(in millions, except per-share amounts)

 

2014

 

 

2013

 

 

2012

 

Basic EPS

 

 

 

 

 

 

 

 

 

(Loss) / Income from continuing operations

 

$

(130

)

 

$

4,932

 

 

$

3,829

 

Less: Income from continuing operations attributable to noncontrolling interest

 

(14

)

 

 

 

 

(Loss) / Income from contributing operations attributable to common stock

 

(144

)

 

4,932

 

 

3,829

 

Discontinued operations, net

 

760

 

 

971

 

 

769

 

Net income

 

616

 

 

5,903

 

 

4,598

 

Less: Net income allocated to participating securities

 

 

 

(13

)

 

(8

)

Net income, net of participating securities

 

$

616

 

 

$

5,890

 

 

$

4,590

 

Weighted average number of basic shares

 

781.1

 

 

804.1

 

 

809.3

 

Basic EPS

 

$

0.79

 

 

$

7.33

 

 

$

5.67

 

 

 

 

 

 

 

 

 

 

 

Diluted EPS

 

 

 

 

 

 

 

 

 

Net income, net of participating securities

 

$

616

 

 

$

5,890

 

 

$

4,590

 

Weighted average number of basic shares

 

781.1

 

 

804.1

 

 

809.3

 

Dilutive securities

 

 

 

0.5

 

 

0.7

 

Total diluted weighted average common shares

 

781.1

 

 

804.6

 

 

810.0

 

Diluted EPS

 

$

0.79

 

 

$

7.32

 

 

$

5.67

 

 

Components of accumulated other comprehensive income (loss)

 

Balance at December 31, (in millions)

 

2014

 

 

2013

 

Foreign currency translation adjustments

 

$

(7

)

 

$

(5

)

Unrealized losses on derivatives

 

(11

)

 

(14

)

Pension and post-retirement adjustments (a)

 

(339

)

 

(284

)

Total

 

$

(357

)

 

$

(303

)

 

(a)

See Note 13 for further information.