XML 94 R33.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings Per Common Share (Tables)
9 Months Ended
Sep. 30, 2013
Earnings Per Common Share  
Earnings Per Common Share (Table)

 

 

 

 

For the three months ended

 

For the nine months ended

 

 

 

September 30,

 

September 30,

 

 

 

2013

 

2012

 

2013

 

2012

 

 

 

(in millions, except per share data)

 

Net income

 

$

259.1

 

$

198.8

 

$

685.7

 

$

598.7

 

Subtract:

 

 

 

 

 

 

 

 

 

Net income attributable to noncontrolling interest

 

5.2

 

3.4

 

14.7

 

15.3

 

Preferred stock dividends

 

8.2

 

8.2

 

24.7

 

24.7

 

Adjustments to redemption amounts of redeemable noncontrolling interests (1)

 

 

 

 

 

Total

 

$

245.7

 

$

187.2

 

$

646.3

 

$

558.7

 

Weighted-average shares outstanding:

 

 

 

 

 

 

 

 

 

Basic

 

294.9

 

294.7

 

294.4

 

298.6

 

Dilutive effects:

 

 

 

 

 

 

 

 

 

Stock options

 

1.7

 

1.0

 

1.4

 

1.0

 

Restricted stock units

 

1.7

 

1.5

 

1.6

 

1.4

 

Performance share awards

 

0.3

 

0.3

 

0.3

 

0.4

 

Diluted

 

298.6

 

297.5

 

297.7

 

301.4

 

Net income per common share:

 

 

 

 

 

 

 

 

 

Basic

 

$

0.83

 

$

0.64

 

$

2.20

 

$

1.87

 

Diluted

 

$

0.82

 

$

0.63

 

$

2.17

 

$

1.85

 

 

 

(1)      During the third quarter of 2013, we identified a classification error of certain of our noncontrolling interests, which had a related impact to earnings per share. See related discussion in Note 9, Stockholders’ Equity — Noncontrolling Interest. The correction of the classification error in the third quarter of 2013 did not significantly impact earnings per share.