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Earnings per Share (Notes)
3 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
Earnings Per Share Earnings per Share

We did not declare any common stock dividends in the periods presented.

The following table sets forth the computation of basic and diluted earnings per share of common stock:
 
 
Three Months Ended
March 31,
(in millions, except per share data in whole dollars and shares in thousands)
 
2019
 
2018
Net income (loss)
 
$
(308
)
 
$
(50
)
Accrued dividends on preferred stock
 
(2
)
 
(2
)
Adjusted Net Income (Loss) Available to Common Shareholders
 
$
(310
)
 
$
(52
)
 
 
 
 
 
Weighted average common shares outstanding
 
207,944

 
205,093

Common shares issuable with respect to:
 
 
 
 
Stock options
 

 

Restricted stock and performance units / shares
 

 

Adjusted Weighted Average Common Shares Outstanding
 
207,944

 
205,093

 
 
 
 
 
Net Income (Loss) per Share:
 
 
 
 
Basic
 
$
(1.49
)
 
$
(0.26
)
Diluted
 
$
(1.49
)
 
$
(0.26
)
 
 
 
 
 
The following securities were not included in the computation of diluted earnings per share as they were either contingently issuable shares or shares that if included would have been anti-dilutive (shares in thousands):
 
 
 
 
 
Stock Options
 
110

 
317

Restricted stock and performance shares/units
 
5,124

 
5,527

Convertible preferred stock
 
5,393

 
5,393

Total Anti-Dilutive Securities
 
10,627

 
11,237