Earnings per Common Share

15 Months Ended

Mar. 31, 2013

Earnings per Common Share

3. Earnings per Common Share

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

	Three Months Ended March 31,
	2013		2012
(dollars and shares in millions)
EPS Numerator:
Net income	$	90.7	$	138.7
Less: Income allocated to participating securities		1.7		2.7
Net income available to common shareholders	$	89.0	$	136.0
EPS Denominator:
Weighted average common shares outstanding		81.3		84.1
Dilutive common share equivalents from share-based compensation plans		1.2		1.0
Weighted average common and common equivalent shares outstanding, assuming dilution		82.5		85.1