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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2016
Earnings Per Share, Basic and Diluted, Other Disclosures [Abstract]  
Antidilutive Securities Excluded From Computation Of Earnings Per Share
For the years ended December 31, 2016, 2015 and 2014, shares of common stock for the following dilutive securities were excluded from the calculation of diluted EPS as the effect was antidilutive.
 
 
Shares
 
 
(in millions)
Year Ended December 31, 2016
 
 
Common stock equivalent of our preferred stock outstanding:
 
 
5.75% cumulative convertible preferred stock
 
34

5.75% cumulative convertible preferred stock (series A)
 
18

5.00% cumulative convertible preferred stock (series 2005B)
 
5

4.50% cumulative convertible preferred stock
 
6

Participating securities
 
1

Common stock equivalent of our convertible senior notes outstanding:
 
 
5.5% convertible senior notes
 
146

Common stock equivalent of our preferred stock outstanding
prior to exchange:
 
 
5.75% cumulative convertible preferred stock exchanged
 
19

5.75% cumulative convertible preferred stock (series A) exchanged
 
18

5.00% cumulative convertible preferred stock (series 2005B) exchanged
 

 
 
 
Year Ended December 31, 2015
 
 
Common stock equivalent of our preferred stock outstanding:
 
 
5.75% cumulative convertible preferred stock
 
59

5.75% cumulative convertible preferred stock (series A)
 
42

5.00% cumulative convertible preferred stock (series 2005B)
 
6

4.50% cumulative convertible preferred stock
 
6

Participating securities
 
1

 
 
 
Year Ended December 31, 2014
 
 
Participating securities
 
3


Schedule of Earnings Per Share, Basic and Diluted
A reconciliation of basic EPS and diluted EPS for the year ended December 31, 2014 is as follows: 
 
 
Income (Numerator)
 
Weighted
Average
Shares
(Denominator)
 
Per
Share
Amount  
 
 
(in millions, except per share data)
For the Year Ended December 31, 2014:
 
 
 
 
 
 
Basic EPS
 
$
1,273

 
659

 
$
1.93

Effect of Dilutive Securities:
 
 
 
 
 
 
Assumed conversion as of the beginning of the period
    of preferred shares outstanding during the period:
 
 
 
 
 
 
Common shares assumed issued for 5.75% cumulative convertible preferred stock
 
86

 
59

 
 
Common shares assumed issued for 5.75% cumulative convertible preferred stock (series A)
 
63

 
42

 
 
Common shares assumed issued for 5.00% cumulative convertible preferred stock (series 2005B)
 
10

 
6

 
 
Common shares assumed issued for 4.50% cumulative convertible preferred stock
 
12

 
6

 
 
Diluted EPS
 
$
1,444

 
772

 
$
1.87