XML 53 R40.htm IDEA: XBRL DOCUMENT v2.4.0.6
Earnings per Share (EPS) (Tables)
 9 Months Ended
Sep. 30, 2012
Earnings Per Share [Abstract]  
Earnings allocation method utilized in the calculation of basic and diluted EPS
The following illustrates the earnings allocation method utilized in the calculation of basic and diluted EPS:
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2012
 
2011
 
2012
 
2011
 
(In millions, except per share amounts)
EPS numerator:
 
 
 
 
 
 
 
Income from continuing operations, net of income taxes
$
122.9

 
$
291.2

 
$
520.4

 
$
791.3

Less: Net (loss) income attributable to noncontrolling interests
(1.3
)
 
7.4

 
7.4

 
17.0

Income from continuing operations attributable to common stockholders, before allocation of earnings to participating securities
124.2

 
283.8

 
513.0

 
774.3

Less: Earnings from continuing operations allocated to participating
   securities
0.8

 
1.6

 
3.8

 
4.4

Income from continuing operations attributable to common
   stockholders, after allocation of earnings to participating
   securities (1)   
123.4

 
282.2

 
509.2

 
769.9

Loss from discontinued operations, net of income taxes
(81.3
)
 
(9.7
)
 
(92.7
)
 
(38.9
)
Less: Loss from discontinued operations allocated to participating
   securities
$
(0.6
)
 
$
—

 
$
(0.8
)
 
$
(0.2
)
Loss from discontinued operations attributable to common
    stockholders, after allocation of earnings to participating
   securities (1)
$
(80.7
)
 
$
(9.7
)
 
$
(91.9
)
 
$
(38.7
)
Net income attributable to common stockholders, after
   allocation of earnings to participating securities (1)
$
42.7

 
$
272.5

 
$
417.3

 
$
731.2

 
 
 
 
 
 
 
 
EPS denominator:
 
 
 
 
 
 
 
Weighted average shares outstanding — basic
266.2

 
269.2

 
268.5

 
269.0

Impact of dilutive securities
0.6

 
1.4

 
0.7

 
1.5

Weighted average shares outstanding — diluted
266.8

 
270.6

 
269.2

 
270.5

 
 
 
 
 
 
 
 
Basic EPS attributable to common stockholders:
 
 
 
 
 
 
 
Income from continuing operations
$
0.46

 
$
1.05

 
$
1.89

 
$
2.86

Loss from discontinued operations
(0.30
)
 
(0.04
)
 
(0.34
)
 
(0.14
)
Net income
$
0.16

 
$
1.01

 
$
1.55

 
$
2.72

 
 
 
 
 
 
 
 
Diluted EPS attributable to common stockholders:
 
 
 
 
 
 
 
Income from continuing operations
$
0.46

 
$
1.04

 
$
1.89

 
$
2.84

Loss from discontinued operations
(0.30
)
 
(0.04
)
 
(0.34
)
 
(0.13
)
Net income
$
0.16

 
$
1.00

 
$
1.55

 
$
2.71

(1) 
The reallocation adjustment for participating securities to arrive at the numerator used to calculate diluted EPS was less than $0.1 million for the periods presented