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Earnings Per Share Of Common Stock (Tables)
3 Months Ended
Mar. 31, 2020
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 March 31,
Reconciliation of Basic and Diluted EPS of Common Stock
 
2020

2019
 
 
 
(In millions, except per share amounts)
 
 
 
 
EPS of Common Stock
 
 
 
 
Income from continuing operations
 
$
24

 
$
355

Less: Preferred dividends
 

 
(3
)
Less: Undistributed earnings allocated to preferred stockholders
 

 
(2
)
Income from continuing operations available to common stockholders
 
24

 
350

Discontinued operations, net of tax
 
50

 
(35
)
Less: Undistributed earnings allocated to preferred stockholders
 
 

 

Income (loss) from discontinued operations available to common stockholders
 
50

 
(35
)
 
 
 
 
 
Income available to common stockholders, basic
 
$
74

 
$
315

 
 
 
 
 
Share Count information:
 
 
 
 
Weighted average number of basic shares outstanding
 
541

 
530

Assumed exercise of dilutive stock options and awards
 
2

 
3

Weighted average number of diluted shares outstanding
 
543

 
533

 
 
 
 
 
Income available to common stockholders, per common share:
 
 
 
 
Income from continuing operations, basic
 
$
0.05

 
$
0.66

Discontinued operations, basic
 
0.09

 
(0.07
)
Income available to common stockholders, basic
 
$
0.14

 
$
0.59

 
 
 
 
 
Income from continuing operations, diluted
 
$
0.05

 
$
0.66

Discontinued operations, diluted
 
0.09

 
(0.07
)
Income available to common stockholders, diluted
 
$
0.14

 
$
0.59