Earnings per Common Share

9 Months Ended

Sep. 30, 2012

Earnings per Common Share

4. Earnings per Common Share

Earnings per share (“EPS”) is computed under the two-class method using the following common share information:

	Quarter Ended September  30,				Nine Months Ended September 30,
	2012		2011		2012		2011
(dollars and shares in millions)
EPS Numerator:
Net income	$	129.3	$	130.1	$	401.9	$	214.2
Less: Income allocated to participating securities		2.4		2.3		7.7		4.0
Net income available to common shareholders	$	126.9	$	127.8	$	394.2	$	210.2
EPS Denominator:
Weighted average common shares outstanding		83.4		86.6		83.8		86.0
Dilutive common share equivalents from share-based compensation plans		1.2		1.2		1.1		1.7
Weighted average common and common equivalent shares outstanding, assuming dilution		84.6		87.8		84.9		87.7