XML 30 R13.htm IDEA: XBRL DOCUMENT v3.21.2
Earnings Per Share Of Common Stock
6 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
EARNINGS PER SHARE OF COMMON STOCK EARNINGS PER SHARE OF COMMON STOCK
Basic EPS available to common stockholders is computed using the weighted average number of common shares outstanding during the relevant period as the denominator. The denominator for diluted EPS of common stock reflects the weighted average of common shares outstanding plus the potential additional common shares that could result if dilutive securities and other agreements to issue common stock were exercised.

Diluted EPS reflects the dilutive effect of potential common shares from share-based awards The dilutive effect of outstanding share-based awards was computed using the treasury stock method, which assumes any proceeds that could be obtained upon the exercise of the award would be used to purchase common stock at the average market price for the period.

The following table reconciles basic and diluted EPS of common stock:
For the Three Months Ended June 30,For the Six Months Ended June 30,
Reconciliation of Basic and Diluted EPS of Common Stock2021202020212020
(In millions, except per share amounts)
EPS of Common Stock
Income from continuing operations$58 $307 $393 $331 
Discontinued operations, net of tax— — 52 
Income available to common stockholders$58 $309 $393 $383 
Share count information:
Weighted average number of basic shares outstanding544 542 544 541 
Assumed exercise of dilutive stock options and awards
Weighted average number of diluted shares outstanding545 543 545 543 
Income available to common stockholders, per common share:
Income from continuing operations, basic$0.11 $0.57 $0.72 $0.61 
Discontinued operations, basic — — — 0.10 
Income available to common stockholders, basic $0.11 $0.57 $0.72 $0.71 
Income from continuing operations, diluted$0.11 $0.57 $0.72 $0.61 
Discontinued operations, diluted— — — 0.10 
Income available to common stockholders, diluted$0.11 $0.57 $0.72 $0.71 

For the three and six months ended June 30, 2021 and June 30, 2020, no shares from stock options and awards were excluded from the calculation of diluted shares outstanding.