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Net Income Attributable to Company Per Share
 3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Net Income Attributable to Company Per Share
12. Net Income Attributable to Company Per Share

The following table sets forth the computation of weighted average basic and diluted shares outstanding (in millions, except per share data):

 

     Three Months Ended
March 31,		  
     2015      2014  

Numerator:

      

Income from continuing operations

    $ 310       $ 548   
  

 

 

     

 

 

  

Income from discontinued operations

 $ —      $ 41   
  

 

 

     

 

 

  

Net income attributable to Company

 $ 310    $ 589   
  

 

 

     

 

 

  

Denominator:

Basic—weighted average common shares outstanding

   407      428   

Dilutive effect of employee stock options and other unvested stock awards

   2      1   
  

 

 

     

 

 

  

Diluted outstanding shares

   409      429   
  

 

 

     

 

 

  

Per share data:

Basic:

Income from continuing operations

 $ 0.76    $ 1.28   
  

 

 

     

 

 

  

Income from discontinued operations

 $ —      $ 0.10   
  

 

 

     

 

 

  

Net income attributable to Company

 $ 0.76    $ 1.38   
  

 

 

     

 

 

  

Diluted:

Income from continuing operations

 $ 0.76    $ 1.28   
  

 

 

     

 

 

  

Income from discontinued operations

 $ —      $ 0.09   
  

 

 

     

 

 

  

Net income attributable to Company

 $ 0.76    $ 1.37   
  

 

 

     

 

 

  

Cash dividends per share

 $ 0.46    $ 0.26   
  

 

 

     

 

 

  

ASC Topic 260, “Earnings Per Share” requires companies with unvested participating securities to utilize a two-class method for the computation of Net income attributable to Company per share. The two-class method requires a portion of Net income attributable to Company to be allocated to participating securities, which are unvested awards of share-based payments with non-forfeitable rights to receive dividends or dividend equivalents, if declared. Net income attributable to Company allocated to these participating securities was immaterial for three ended March 31, 2015 and therefore not excluded from Net income attributable to Company per share calculation.

In addition, the Company had stock options outstanding that were anti-dilutive totaling 14 million and 10 million shares for the three months ended March 31, 2015 and 2014, respectively.