Earnings Per Share

9 Months Ended

Sep. 30, 2016

The following table presents the calculation of Dominion’s basic and diluted EPS:



	Three Months Ended September 30,				Nine Months Ended September 30,
	2016		2015		2016		2015
(millions, except EPS)
Net income attributable to Dominion	$	690	$	593	$	1,666	$	1,542
Average shares of common stock outstanding – Basic	625.9		594.6		612.8		591.3
Net effect of dilutive securities⁽¹⁾	0.1		0.9		1.0		1.4
Average shares of common stock outstanding – Diluted	626.0		595.5		613.8		592.7
Earnings Per Common Share – Basic	$	1.10	$	1.00	$	2.72	$	2.61
Earnings Per Common Share – Diluted	$	1.10	$	1.00	$	2.71	$	2.60


(1)	Dilutive securities consist primarily of the 2013 Equity Units for the nine months ended September 30, 2016 and the three and nine months ended September 30, 2015. See Note 14 in this report and Note 17 to the Consolidated Financial Statements in the Companies' Annual Report on Form 10-K for the year ended December 31, 2015 for more information.

The 2014 Equity Units and 2016 Equity Units are potentially dilutive securities but were excluded from the calculation of diluted EPS for the three and nine months ended September 30, 2016 and 2015, as the dilutive stock price threshold was not met.