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Earnings Per Share [Text Block]
9 Months Ended
Sep. 30, 2013
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
P. Reconciliations of the numerators and denominators used in the computations of basic and diluted earnings per common share were as follows, in millions:

Three Months Ended Nine Months Ended
September 30, September 30,
2013 2012 2013 2012

Numerator (basic and diluted):

Income from continuing operations

$ 105 $ 26 $ 243 $ 17

Allocation to unvested restricted stock awards

(2 ) (1 ) (5 ) (2 )

Income from continuing operations attributable to common shareholders

103 25 238 15

Loss from discontinued operations, net

(2 ) (11 ) (16 ) (44 )

Allocation to unvested restricted stock awards

1

Loss from discontinued operations attributable to common shareholders

(2 ) (11 ) (16 ) (43 )

Net income (loss) available to common shareholders

$ 101 $ 14 $ 222 $ (28 )

Denominator:

Basic common shares (based upon weighted average)

349 349 349 349

Add:

Contingent common shares

Stock option dilution

3 1 3 1

Diluted common shares

352 350 352 350

For the three months and nine months ended September 30, 2013 and 2012, the Company allocated dividends and undistributed earnings (only in 2013) to the unvested restricted stock awards (participating securities).

Additionally, 15 million and 14 million common shares for the three months and nine months ended September 30, 2013, respectively, and 22 million and 26 million common shares for the three months and nine months ended September 30, 2012, respectively, related to stock options were excluded from the computation of diluted earnings per common share due to their antidilutive effect.

In the first nine months of 2013, the Company granted 1.7 million shares of long-term stock awards; to offset the dilutive impact of these awards and awards granted in late 2012, the Company also repurchased and retired 1.7 million shares of Company common stock, for cash aggregating approximately $35 million. At September 30, 2013, the Company had 22.6 million shares of its common stock remaining under the July 2007 Board of Directors’ repurchase authorization.

On the basis of amounts paid (declared), cash dividends per common share were $.075 ($.075) and $.225 ($.225), respectively for the three months and nine months ended September 30, 2013 and $.075 ($.075) and $.225 ($.225), respectively, for the three months and nine months ended September 30, 2012.