v2.4.0.6
Earnings Per Common Share (Tables)
 3 Months Ended
Mar. 31, 2013
EPS under Basic and Diluted Computations

EPS under the basic and diluted computations is as follows:

 

     Three Months Ended  
     March 31,  
     2013      2012  

Net income

    $ 206       $ 195   

Preferred stock dividends

      8         —   
  

 

 

     

 

 

  

Net income available to common stockholders

    $ 198       $ 195   
  

 

 

     

 

 

  

Weighted-average common shares outstanding — basic

      1,279         1,272   

Common stock equivalent shares related to stock incentive plans

      3         1   

Weighted-average common shares outstanding — diluted (1)

      1,282         1,273   
  

 

 

     

 

 

  

Basic EPS

    $ .15       $ .15   

Diluted EPS

    $ .15       $ .15   
  

 

 

     

 

 

  

 

(1) 

Antidilutive stock options and restricted stock awards excluded from the calculation of diluted EPS totaled 45 million and 60 million shares for the first quarters of 2013 and 2012, respectively.