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Earnings Per Common Share (Tables)
3 Months Ended
Mar. 31, 2014
Earnings Per Common Share  
Earnings Per Common Share (Table)

 

 

 

For the three months ended March 31,

 

 

 

2014

 

2013

 

 

 

(in millions, except per share data)

 

Net income

 

$

324.1

 

$

190.0

 

Subtract:

 

 

 

 

 

Net income attributable to noncontrolling interest

 

22.2

 

3.5

 

Preferred stock dividends

 

8.2

 

8.2

 

Adjustments to redemption amounts of redeemable noncontrolling interests

 

9.7

 

 

Total

 

$

284.0

 

$

178.3

 

Weighted-average shares outstanding:

 

 

 

 

 

Basic

 

295.8

 

294.1

 

Dilutive effects:

 

 

 

 

 

Stock options

 

1.6

 

1.1

 

Restricted stock units

 

1.8

 

1.7

 

Performance share awards

 

0.3

 

0.2

 

Diluted

 

299.5

 

297.1

 

Net income per common share:

 

 

 

 

 

Basic

 

$

0.96

 

$

0.61

 

Diluted

 

$

0.95

 

$

0.61