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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share

(millions, except per share amounts)

   2013     2012     2011 (1)  

Basic earnings per share

      

Net income from continuing operations

   $ 197.8      $ 246.0      $ 250.8   

Amount allocated to nonvested participating shareholders

     (0.6     (0.8     (1.3
  

 

 

   

 

 

   

 

 

 

Income before discontinued operations available to common shareholders - Basic

   $ 197.2      $ 245.2      $ 249.5   
  

 

 

   

 

 

   

 

 

 

Income (loss) from discontinued operations attributable to TECO Energy, net

   ($ 0.1   ($ 33.3   $ 21.8   

Amount allocated to nonvested participating shareholders

     0.0        0.1        (0.1
  

 

 

   

 

 

   

 

 

 

Income (loss) from discontinued operations attributable to TECO Energy available to common shareholders - Basic

   ($ 0.1   ($ 33.2   $ 21.7   
  

 

 

   

 

 

   

 

 

 

Net income attributable to TECO Energy

   $ 197.7      $ 212.7      $ 272.6   

Amount allocated to nonvested participating shareholders

     (0.6     (0.7     (1.4
  

 

 

   

 

 

   

 

 

 

Net income attributable to TECO Energy available to common shareholders - Basic

   $ 197.1      $ 212.0      $ 271.2   
  

 

 

   

 

 

   

 

 

 

Average common shares outstanding - Basic

     215.0        214.3        213.6   
  

 

 

   

 

 

   

 

 

 

Earnings per share from continuing operations available to common shareholders - Basic

   $ 0.92      $ 1.14      $ 1.17   
  

 

 

   

 

 

   

 

 

 

Earnings per share from discontinued operations attributable to TECO Energy available to common shareholders - Basic

   $ 0.00      ($ 0.15   $ 0.10   
  

 

 

   

 

 

   

 

 

 

Earnings per share attributable to TECO Energy available to common shareholders - Basic

   $ 0.92      $ 0.99      $ 1.27   
  

 

 

   

 

 

   

 

 

 

Diluted earnings per share

      

Net income from continuing operations

   $ 197.8      $ 246.0      $ 250.8   

Amount allocated to nonvested participating shareholders

     (0.6     (0.8     (1.3
  

 

 

   

 

 

   

 

 

 

Income before discontinued operations available to common shareholders - Diluted

   $ 197.2      $ 245.2      $ 249.5   
  

 

 

   

 

 

   

 

 

 

Income (loss) from discontinued operations attributable to TECO Energy, net

   ($ 0.1   ($ 33.3   $ 21.8   

Amount allocated to nonvested participating shareholders

     0.0        0.1        (0.1
  

 

 

   

 

 

   

 

 

 

Income (loss) from discontinued operations attributable to TECO Energy available to common shareholders - Diluted

   ($ 0.1   ($ 33.2   $ 21.7   
  

 

 

   

 

 

   

 

 

 

Net income attributable to TECO Energy

   $ 197.7      $ 212.7      $ 272.6   

Amount allocated to nonvested participating shareholders

     (0.6     (0.7     (1.4
  

 

 

   

 

 

   

 

 

 

Net income attributable to TECO Energy available to common shareholders - Diluted

   $ 197.1      $ 212.0      $ 271.2   
  

 

 

   

 

 

   

 

 

 

Unadjusted average common shares outstanding - Diluted

     215.0        214.3        213.6   

Assumed conversion of stock options, unvested restricted stock and contingent performance shares, net

     0.5        0.7        1.5   
  

 

 

   

 

 

   

 

 

 

Average common shares outstanding - Diluted

     215.5        215.0        215.1   
  

 

 

   

 

 

   

 

 

 

Earnings per share from continuing operations available to common shareholders - Diluted

   $ 0.92      $ 1.14      $ 1.17   
  

 

 

   

 

 

   

 

 

 

Earnings per share from discontinued operations attributable to TECO Energy available to common shareholders - Diluted

   $ 0.00      ($ 0.15   $ 0.10   
  

 

 

   

 

 

   

 

 

 

Earnings per share attributable to TECO Energy available to common shareholders - Diluted

   $ 0.92      $ 0.99      $ 1.27   
  

 

 

   

 

 

   

 

 

 

Anti-dilutive shares

     0.0        0.4        1.7   
  

 

 

   

 

 

   

 

 

 

 

(1) All prior periods presented reflect the classification of TECO Guatemala as discontinued operations (see Note 19).