Equity And Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2012

Schedule of Basic and Diluted Earnings Per Share

	Three Months Ended September 30,
	2012		2011
	(millions of dollars, except per share data)
Income (Numerator):
Net income from continuing operations	$	112	$	80
Net income from discontinued operations		—		—
Net income	$	112	$	80
Shares (Denominator) (in millions):
Weighted average shares outstanding for basic computation:
Average shares outstanding		229		226
Adjustment to shares outstanding		—		—
Weighted Average Shares Outstanding for Computation of Basic Earnings per Share of Common Stock		229		226
Net effect of potentially dilutive shares (a)		2		—
Weighted Average Shares Outstanding for Computation of Diluted Earnings per Share of Common Stock		231		226
Basic and Diluted Earnings per Share
Earnings per share of common stock from continuing operations	$	0.49	$	0.35
Earnings per share of common stock from discontinued operations		—		—
Basic and diluted earnings per share	$	0.49	$	0.35

(a) The number of options to purchase shares of common stock that were excluded from the calculation of diluted EPS because they were anti-dilutive was zero and 119,766 for the three months ended September 30, 2012 and 2011, respectively.

	Nine Months Ended September 30,
	2012		2011
	(millions of dollars, except per share data)
Income (Numerator):
Net income from continuing operations	$	242	$	237
Net income from discontinued operations		—		1
Net income	$	242	$	238
Shares (Denominator) (in millions):
Weighted average shares outstanding for basic computation:
Average shares outstanding		228		226
Adjustment to shares outstanding		—		—
Weighted Average Shares Outstanding for Computation of Basic Earnings Per Share of Common Stock		228		226
Net effect of potentially dilutive shares (a)		1		—
Weighted Average Shares Outstanding for Computation of Diluted Earnings Per Share of Common Stock		229		226
Basic and Diluted Earnings per Share
Earnings per share of common stock from continuing operations	$	1.06	$	1.05
Earnings per share of common stock from discontinued operations		—		—
Basic and diluted earnings per share	$	1.06	$	1.05

(a) The number of options to purchase shares of common stock that were excluded from the calculation of diluted EPS because they were anti-dilutive was zero and 119,766 for the nine months ended September 30, 2012 and 2011, respectively.