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Earnings Per Share | 12 Months Ended
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Dec. 31, 2015
Earnings Per Share [Abstract] |
Earnings Per Share | Earnings Per Share The following table sets forth the computation of basic and diluted earnings per share (“EPS”) (shares in millions):
|  | Year Ended December 31,
|  | 2015 |  | 2014 |  | 2013
Net income for basic EPS | $ | 313 |  |  | $ | 245 |  |  | $ | 16 |
Convertible debt interest, net of tax | — |  |  | 1 |  |  | — |
Net income for diluted EPS | $ | 313 |  |  | $ | 246 |  |  | $ | 16 |
Basic weighted average shares outstanding | 103.4 |  |  | 105.4 |  |  | 107.6 |
Options, warrants and non-vested stock | 1.6 |  |  | 2.1 |  |  | 3.8 |
Convertible debt | — |  |  | 3.1 |  |  | — |
Diluted weighted average shares outstanding | 105.0 |  |  | 110.6 |  |  | 111.4 |
Earnings per share: |  |  |  |  |
| Basic | $ | 3.02 |  |  | $ | 2.32 |  |  | $ | 0.15 |
| Diluted | $ | 2.98 |  |  | $ | 2.22 |  |  | $ | 0.15 |
The following table summarizes the Company’s outstanding common stock equivalents that were anti-dilutive and therefore excluded from the computation of diluted EPS (shares in millions):
| As of December 31,
| 2015 |  | 2014 |  | 2013
Non-vested stock (a) | 0.1 |  |  | — |  |  | — |
Shares underlying convertible debt | — |  |  | — |  |  | 4.0 |
__________
(a) | The weighted average grant date fair value for anti-dilutive non-vested stock for 2015 was $61.15.

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