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Earnings Per Share
 3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings per Share
The calculation of basic and diluted earnings per share is as follows (in millions, except per share data):
 
Three Months Ended March 31,
 
2014
 
2013
Numerator for basic and diluted earnings per share:
 
 
 
Income from continuing operations
$
52.1

 
$
63.8

Income (loss) from discontinued operations
0.8

 
(9.6
)
Net income
$
52.9

 
$
54.2

Dividends and equivalents for share-based awards expected to be forfeited
—

 
—

Net income for basic and diluted earnings per share
$
52.9

 
$
54.2

Denominator for basic and diluted earnings per share:
 
 
 
Weighted-average shares outstanding
278.8

 
287.4

Share-based payment awards classified as participating securities
2.1

 
2.6

Denominator for basic earnings per share
280.9

 
290.0

Dilutive securities (1)
2.9

 
3.1

Denominator for diluted earnings per share
283.8

 
293.1

Basic earnings per share:
 
 
 
Income from continuing operations
$
0.19

 
$
0.22

Income (loss) from discontinued operations
$
—

 
$
(0.03
)
Net income
$
0.19

 
$
0.19

Diluted earnings per share:
 
 
 
Income from continuing operations
$
0.18

 
$
0.22

Income (loss) from discontinued operations
$
—

 
$
(0.03
)
Net income
$
0.19

 
$
0.19


(1)
Dilutive securities include “in the money” options, non-participating restricted stock units and performance stock units. The weighted-average shares outstanding exclude the effect of 0.1 million and 3.5 million stock options for the three months ended March 31, 2014 and 2013, respectively, because such securities were anti-dilutive. The weighted-average shares outstanding for the three months ended March 31, 2014 and 2013 also exclude the weighted-average effect of 0.6 million and 0.9 million performance stock units outstanding, respectively, because the securities were anti-dilutive.