Weighted Average Shares Outstanding

12 Months Ended

Dec. 31, 2013

Earnings Per Share [Abstract]

EARNINGS PER SHARE

WEIGHTED AVERAGE SHARES OUTSTANDING

	Year Ended December 31,
(in millions)	2013	2012	2011
Weighted average shares outstanding - basic	1,341.2	1,406.7	1,509.3
Net effect of common stock equivalents	—	—	9.7
Weighted average shares outstanding - assuming dilution	1,341.2	1,406.7	1,519.0

We generated net losses in 2013 and 2012. Our weighted-average shares outstanding for earnings per share calculations excluded common stock equivalents of 19 million and 8 million due to our net loss positions in 2013 and 2012, respectively.

Weighted-average shares outstanding, assuming dilution, also excludes the impact of 16 million stock options for 2013, 59 million for 2012, and 62 million for 2011, due to the exercise prices of these stock options being greater than the average fair market value of our common stock during the year.