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Earnings Per Share Of Common Stock (Tables) | 9 Months Ended
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Sep. 30, 2019
Earnings Per Share [Abstract] |
Reconciliation of Basic and Diluted Earnings Per Share | The following table reconciles basic and diluted EPS of common stock:
|  | For the Three Months Ended September 30, |  | For the Nine Months Ended September 30,
Reconciliation of Basic and Diluted EPS of Common Stock |  | 2019 |  | 2018 |  | 2019 |  | 2018
(In millions, except per share amounts) |  |  |  |  |  |  |  |
EPS of Common Stock |  |  |  |  |  |  |  |
Income from continuing operations |  | $ | 389 |  |  | $ | 399 |  |  | $ | 1,085 |  |  | $ | 888 |
Less: Preferred dividends |  | — |  |  | (19 | ) |  | (3 | ) |  | (61 | )
Less: Amortization of beneficial conversion feature |  | — |  |  | (35 | ) |  | — |  |  | (296 | )
Less: Undistributed earnings allocated to preferred stockholders(1) |  | — |  |  | — |  |  | (4 | ) |  | — |
Income from continuing operations available to common stockholders |  | 389 |  |  | 345 |  |  | 1,078 |  |  | 531 |
Discontinued operations, net of tax |  | 2 |  |  | (857 | ) |  | (62 | ) |  | 322 |
Less: Undistributed earnings allocated to preferred stockholders (1) |  | — |  |  | — |  |  | — |  |  | — |
Income (loss) from discontinued operations available to common stockholders |  | 2 |  |  | (857 | ) |  | (62 | ) |  | 322 |
Income (loss) available to common stockholders, basic |  | $ | 391 |  |  | $ | (512 | ) |  | $ | 1,016 |  |  | $ | 853 |
Income allocated to preferred shareholders, preferred dilutive (2) |  | — |  |  | N/A |  |  | 7 |  |  | N/A |
Income (loss) available to common stockholders, dilutive |  | $ | 391 |  |  | $ | (512 | ) |  | $ | 1,023 |  |  | $ | 853 |
Share Count information: |  |  |  |  |  |  |  |
Weighted average number of basic shares outstanding |  | 538 |  |  | 503 |  |  | 533 |  |  | 485 |
Assumed exercise of dilutive stock options and awards |  | 2 |  |  | 2 |  |  | 2 |  |  | 2 |
Assumed conversion of preferred stock |  | 2 |  |  | — |  |  | 6 |  |  | — |
Weighted average number of diluted shares outstanding |  | 542 |  |  | 505 |  |  | 541 |  |  | 487 |
Income (loss) available to common stockholders, per common share: |  |  |  |  |  |  |  |
Income from continuing operations, basic |  | $ | 0.72 |  |  | $ | 0.68 |  |  | $ | 2.02 |  |  | $ | 1.10 |
Discontinued operations, basic |  | 0.01 |  |  | (1.70 | ) |  | (0.12 | ) |  | 0.66 |
Income (loss) available to common stockholders, basic |  | $ | 0.73 |  |  | $ | (1.02 | ) |  | $ | 1.90 |  |  | $ | 1.76 |
Income from continuing operations, diluted |  | $ | 0.72 |  |  | $ | 0.68 |  |  | $ | 2.00 |  |  | $ | 1.09 |
Discontinued operations, diluted |  | — |  |  | (1.70 | ) |  | (0.11 | ) |  | 0.66 |
Income (loss) available to common stockholders, diluted |  | $ | 0.72 |  |  | $ | (1.02 | ) |  | $ | 1.89 |  |  | $ | 1.75 |
(1) | Undistributed earnings were not allocated to participating securities for the three and nine months ended September 30, 2018, as well as the three months ended September 30, 2019, as income from continuing operations less dividends declared (common and preferred) and deemed dividends were a net loss.
(2) | The shares of common stock issuable upon conversion of the preferred shares (26 million shares) were not included for 2018 as their inclusion would be anti-dilutive to basic EPS from continuing operations.

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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