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Quarterly Financial Information (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
Schedule of quarterly results
Summarized quarterly results for the years ended December 31, 2013 and 2012 were as follows (in millions, except per share data):
2013 by Quarter:
Q1
 
Q2
 
Q3
 
Q4
 
Year Ended December 31, 2013
 
 
 
 
 
 
 
 
 
 
Revenues
$
1,325.4

 
$
1,385.9

 
$
1,408.8

 
$
1,421.9

 
$
5,542.0

Expenses (a) (b)
1,028.5

 
1,109.1

 
1,113.5

 
1,183.5

 
4,434.6

Operating income
296.9

 
276.8

 
295.3

 
238.4

 
1,107.4

Other expense, net
46.7

 
44.6

 
43.6

 
45.6

 
180.5

Income before income taxes
250.2

 
232.2

 
251.7

 
192.8

 
926.9

Provision for income taxes
38.2

 
33.6

 
37.3

 
19.4

 
128.5

Net income
$
212.0

 
$
198.6

 
$
214.4

 
$
173.4

 
$
798.4

Earnings per share:
 
 
 
 
 
 
 
 
 
Basic
$
0.37

 
$
0.36

 
$
0.39

 
$
0.31

 
$
1.43

Diluted
$
0.37

 
$
0.36

 
$
0.39

 
$
0.31

 
$
1.43

Weighted-average shares outstanding:
 
 
 
 
 
 
 
 
 
Basic
567.6

 
555.7

 
552.1

 
551.2

 
556.6

Diluted
569.7

 
558.3

 
555.8

 
555.0

 
559.7

____________
 
 
 
 
 
 
 
 
 
(a)
Includes $3.9 million in the first quarter, $6.2 million in the second quarter, $3.8 million in the third quarter, and $5.4 million in the fourth quarter of integration expenses related to the acquisition of TGBP.

(b)
Includes $4.2 million in the first quarter, $13.5 million in the second quarter, $6.2 million in the third quarter, and $33.0 million in the fourth quarter of expenses related to productivity and cost-savings initiatives. For more information, see Note 3.
2012 by Quarter:
Q1
 
Q2
 
Q3
 
Q4
 
Year Ended December 31, 2012
 
 
 
 
 
 
 
 
 
 
Revenues
$
1,393.4

 
$
1,425.1

 
$
1,421.6

 
$
1,424.7

 
$
5,664.8

Expenses (c) (d)
1,060.9

 
1,079.2

 
1,056.0

 
1,138.7

 
4,334.8

Operating income
332.5

 
345.9

 
365.6

 
286.0

 
1,330.0

Other expense, net
42.4

 
35.8

 
41.8

 
41.2

 
161.2

Income before income taxes
290.1

 
310.1

 
323.8

 
244.8

 
1,168.8

Provision for income taxes
42.8

 
38.9

 
54.3

 
6.9

 
142.9

Net income
$
247.3

 
$
271.2

 
$
269.5

 
$
237.9

 
$
1,025.9

Earnings per share:
 
 
 
 
 
 
 
 
 
Basic
$
0.40

 
$
0.44

 
$
0.45

 
$
0.40

 
$
1.70

Diluted
$
0.40

 
$
0.44

 
$
0.45

 
$
0.40

 
$
1.69

Weighted-average shares outstanding:
 
 
 
 
 
 
 
 
 
Basic
619.1

 
610.9

 
601.5

 
588.0

 
604.9

Diluted
621.9

 
613.1

 
604.2

 
590.2

 
607.4

____________
 
 
 
 
 
 
 
 
 
(c)
Includes $6.4 million in the first quarter, $14.5 million in the second quarter, $10.3 million in the third quarter, and $11.6 million in the fourth quarter of integration expenses related to the acquisition of TGBP.

(d)
Includes $30.9 million in the fourth quarter of expenses related to productivity and cost-savings initiatives. For more information, see Note 3.