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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2015
Earnings Per Share  
Calculation of basic and diluted EPS

 

(in millions, except per-share amounts):

 

 

Three months ended 
March 31

 

 

 

 

2015

 

2014

 

 

Basic EPS

 

 

 

 

 

 

Income (loss) from continuing operations

 

$

(215

)

$

1,137

 

 

Less: Income from continuing operations attributable to noncontrolling interest

 

 

(2

 

)

Income (loss) from continuing operations attributable to common stock

 

(215

)

1,135

 

 

Discontinued operations, net

 

(3

)

255

 

 

Net income (loss)

 

(218

)

1,390

 

 

Less: Net income (loss) allocated to participating securities

 

 

(2

 

)

Net income (loss), net of participating securities

 

(218

)

1,388

 

 

 

 

 

 

 

 

 

Weighted average number of basic shares

 

769.6

 

791.3

 

 

Basic EPS

 

$

(0.28

)

$

1.75

 

 

 

 

 

 

 

 

 

Diluted EPS

 

 

 

 

 

 

Net income (loss), net of participating securities

 

$

(218

)

$

1,388

 

 

Weighted average number of basic shares

 

769.6

 

791.3

 

 

Dilutive effect of potentially dilutive securities

 

 

0.4

 

 

Total diluted weighted average common shares

 

769.6

 

791.7

 

 

Diluted EPS

 

$

(0.28

)

$

1.75