v2.4.0.8
Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2014
Earnings Per Share, Basic and Diluted, Other Disclosures [Abstract]  
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Table Text Block]
The impact of our stock options was immaterial in the calculation of diluted EPS for these periods.
 
 
Net Income
Adjustments
 
Shares
 
 
($ in millions)
 
(in millions)
Three Months Ended June 30, 2014:
 
 
 
 
Common stock equivalent of our preferred stock outstanding:
 
 
 
 
5.75% cumulative convertible preferred stock
 
$
22

 
59

5.75% cumulative convertible preferred stock (series A)
 
$
16

 
42

5.00% cumulative convertible preferred stock (series 2005B)
 
$
3

 
6

4.50% cumulative convertible preferred stock
 
$
3

 
6

Unvested restricted stock
 
$
3

 
3

 
 
 
 
 
Six Months Ended June 30, 2014:
 
 
 
 
Common stock equivalent of our preferred stock outstanding:
 
 
 
 
5.00% cumulative convertible preferred stock (series 2005B)
 
$
5

 
6

4.50% cumulative convertible preferred stock
 
$
6

 
6

Unvested restricted stock
 
$
11

 
3

 
 
 
 
 
Six Months Ended June 30, 2013:
 
 
 
 
Common stock equivalent of our preferred stock outstanding:
 
 
 
 
5.75% cumulative convertible preferred stock
 
$
43

 
56

5.75% cumulative convertible preferred stock (series A)
 
$
32

 
39

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

 
5

4.50% cumulative convertible preferred stock
 
$
6

 
6

Unvested restricted stock
 
$
11

 
5
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
A reconciliation of basic EPS and diluted EPS for these periods is as follows:
 
 
Net Income
Available to
Common
Stockholders
(Numerator)
 
Weighted
Average
Shares
(Denominator)
 
Per
Share
Amount  
 
 
(in millions, except per share data)
Three Months Ended June 30, 2013:
 
 
 
 
 
 
Basic EPS
 
$
457

 
653

 
$
0.70

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
 
21

 
56

 
 
Common shares assumed issued for 5.75%
cumulative convertible preferred stock (series A)
 
16

 
40

 
 
Common shares assumed issued for 4.50%
cumulative convertible preferred stock
 
3

 
6

 
 
Common shares assumed issued for 5.00%
cumulative convertible preferred stock (series 2005B)
 
3

 
5

 
 
Diluted EPS
 
$
500

 
760

 
$
0.66

 
 
 
 
 
 
 
Six Months Ended June 30, 2014:
 
 
 
 
 
 
Basic EPS
 
$
518

 
658

 
$
0.79

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
 
43

 
59

 
 
Common shares assumed issued for 5.75%
cumulative convertible preferred stock (series A)
 
32

 
42

 
 
Outstanding stock options
 
—

 
1

 
 
Diluted EPS
 
$
593

 
760

 
$
0.78