Earnings per Common Share (Tables)

6 Months Ended

Jun. 30, 2014

Earnings Per Share Computation

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

	Quarter Ended June 30,						Six Months Ended June 30,
	2014			2013			2014		2013
(dollars and shares in millions)
EPS Numerator:
Net (loss) income	$	(119.4	)	$	(161.6	)	$	29.0	$	(70.9	)
Less: Income allocated to participating securities		—			—			0.4		—
Net (loss) income available to common shareholders	$	(119.4	)	$	(161.6	)	$	28.6	$	(70.9	)
EPS Denominator:
Weighted average common shares outstanding		75.1			79.8			76.0		80.6
Dilutive common share equivalents from share-based compensation plans		—			—			1.5		—
Weighted average common and common equivalent shares outstanding, assuming dilution		75.1			79.8			77.5		80.6