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Earnings Per Share
9 Months Ended
Sep. 30, 2012
Earnings Per Share [Abstract]  
Earnings Per Share
Note 4 - Earnings Per Share

Basic earnings per share (EPS) is computed by dividing net income by the weighted-average number of common shares outstanding during the reporting period. Diluted EPS includes the potential increase in the number of outstanding shares that could result from the exercise of in-the-money stock options and the distribution of restricted stock units and performance shares that are part of the Company's Long-Term Stock Incentive Plan (LTSIP), less shares repurchased under the treasury stock method. Restricted stock and vested restricted stock units are participating securities for the computation of earnings per share. The application of the two-class method had an insignificant impact on the calculation of both basic and diluted EPS. A reconciliation of the components of basic and diluted shares used in the EPS calculation follows:

 
3 Months Ended
 
9 Months Ended
 
12 Months Ended
 
September 30,
 
September 30,
 
September 30,
 
2012
 
2011
 
2012
 
2011
 
2012
 
2011
 
(in millions)
Weighted-average basic common shares outstanding
175.4

 
177.5

 
177.0

 
177.3

 
177.2

 
177.1

Potential number of shares issuable under the Company's LTSIP
1.1

 
1.4

 
1.1

 
1.4

 
1.1

 
1.7

Weighted-average diluted common shares outstanding
176.5

 
178.9

 
178.1

 
178.7

 
178.3

 
178.8