Earnings Per Share

6 Months Ended

Jun. 30, 2015

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



	Three Months Ended June 30,				Six Months Ended June 30,
	2015		2014		2015		2014
(millions, except EPS)
Net income attributable to Dominion	$	413	$	159	$	949	$	538
Average shares of common stock outstanding – Basic	591.5		581.9		589.7		581.7
Net effect of dilutive securities⁽¹⁾	1.0		2.0		1.5		1.7
Average shares of common stock outstanding – Diluted	592.5		583.9		591.2		583.4
Earnings Per Common Share – Basic	$	0.70	$	0.27	$	1.61	$	0.92
Earnings Per Common Share – Diluted	$	0.70	$	0.27	$	1.60	$	0.92


(1)	Dilutive securities consist primarily of the 2013 Equity Units for 2015 and contingently convertible senior notes and the 2013 Equity Units for 2014. See Note 15 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, 2014 for more information.

The 2014 Equity Units are potentially dilutive securities but were excluded from the calculation of diluted EPS for the three and six months ended June 30, 2015, as the dilutive stock price threshold was not met. There were no potentially dilutive securities excluded from the calculation of diluted EPS for the three and six months ended June 30, 2014.