Earnings per Common Share

3 Months Ended

Mar. 31, 2014

Earnings per Common Share

2. 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,
	2014		2013
(dollars and shares in millions)
EPS Numerator:
Net income	$	148.4	$	90.7
Less: Income allocated to participating securities		2.5		1.7
Net income available to common shareholders	$	145.9	$	89.0
EPS Denominator:
Weighted average common shares outstanding		77.0		81.3
Dilutive common share equivalents from share-based compensation plans		1.5		1.2
Weighted average common and common equivalent shares outstanding, assuming dilution		78.5		82.5