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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2017
Earnings Per Share, Basic and Diluted, Other Disclosures [Abstract]  
Antidilutive Securities Excluded From Computation Of Earnings Per Share
For the Current Quarter, the Prior Quarter, the Current Period and the Prior Period, 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)
Three Months Ended June 30, 2017
 
 
Participating securities
 
1

Three Months Ended June 30, 2016
 
 
Common stock equivalent of our preferred stock outstanding:
 
 
5.75% cumulative convertible preferred stock
 
58

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

Six Months Ended June 30, 2017
 
 
Common stock equivalent of our preferred stock outstanding:
 
 
5.75% cumulative convertible preferred stock
 
31

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 preferred stock outstanding prior to exchange:
 
 
5.75% cumulative convertible preferred stock exchanged
 
1

Six Months Ended June 30, 2016
 
 
Common stock equivalent of our preferred stock outstanding:
 
 
5.75% cumulative convertible preferred stock
 
58

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

Schedule of Earnings Per Share, Basic and Diluted
A reconciliation of basic EPS and diluted EPS is as follows:
 
 
Income (Numerator)
 
Weighted
Average
Shares
(Denominator)
 
Per
Share
Amount  
 
 
(in millions, except per share data)
Three Months Ended June 30, 2017
 
 
 
 
 
 
Basic EPS
 
$
470

 
908

 
$
0.52

Effect of Dilutive Securities:
 
 
 
 
 
 
5.75% cumulative convertible preferred stock
 
11

 
31

 
 
5.75% cumulative convertible preferred stock
(series A)
 
7

 
18

 
 
5.00% cumulative convertible preferred stock
(series 2005B)
 
2

 
5

 
 
4.50% cumulative convertible preferred stock
 
3

 
6

 
 
5.5% convertible senior notes due 2026
 
36

 
146

 
 
Diluted EPS
 
$
529

 
1,114

 
$
0.47

 
 
 
 
 
 
 
Six Months Ended June 30, 2017
 
 
 
 
 
 
Basic EPS
 
$
547

 
907

 
$
0.60

Effect of Dilutive Securities:
 
 
 
 
 
 
5.5% convertible senior notes due 2026
 
72

 
146

 
 
Diluted EPS
 
$
619

 
1,053

 
$
0.59