Earnings per Common Share

9 Months Ended

Sep. 30, 2013

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,
	2013		2012		2013		2012
(dollars and shares in millions)
EPS Numerator:
Net income	$	93.2	$	129.3	$	22.3	$	401.9
Less: Income allocated to participating securities		1.6		2.4		0.3		7.7
Net income available to common shareholders	$	91.6	$	126.9	$	22.0	$	394.2
EPS Denominator:
Weighted average common shares outstanding		78.5		83.4		79.9		83.8
Dilutive common share equivalents from share-based compensation plans		1.5		1.2		1.3		1.1
Weighted average common and common equivalent shares outstanding, assuming dilution		80.0		84.6		81.2		84.9