Net Income Per Common Share Computations (Tables)

3 Months Ended

Mar. 31, 2015

Computations of Net Income per Common Share

The computations of net income per common share are presented in the following table.

Table 47: Net Income per Common Share

	Three Months Ended March 31,
($ In Millions Except Per Common Share Information)	2015		2014
Basic Net Income Per Common Share
Average Number of Common Shares Outstanding		233,381,168		237,208,151
Net Income	$	230.7	$	181.4
Less: Dividends on Preferred Stock		5.9		—
Net Income Applicable to Common Stock		224.8		181.4
Less: Earnings Allocated to Participating Securities		3.7		2.9
Earnings Allocated to Common Shares Outstanding		221.1		178.5
Basic Net Income Per Common Share	$	0.95	$	0.75
Diluted Net Income Per Common Share
Average Number of Common Shares Outstanding		233,381,168		237,208,151
Plus: Dilutive Effect of Share-based Compensation		1,907,527		1,842,563
Average Common and Potential Common Shares		235,288,695		239,050,714
Earnings Allocated to Common and Potential Common Shares	$	221.1	$	178.5
Diluted Net Income Per Common Share		0.94		0.75

Note: Common stock equivalents totaling 1,504,850 and 1,997,337 for the three months ended March 31, 2015, and 2014, respectively, were not included in the computation of diluted net income per common share because their inclusion would have been antidilutive.