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Common Equity (Tables)
6 Months Ended
Jun. 30, 2016
Equity [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
Basic and diluted earnings per share for the Company were calculated as follows:
 
Three Months Ended June 30,
Six Months Ended June 30,
(In millions except per share data)
2016
2015
2016
2015
Net income
$
71.5

$
87.5

$
96.7

$
130.7

Average Common Shares Outstanding
 
 
 
 
Basic average common shares outstanding
199.7

199.6

199.7

199.6

Effect of dilutive securities:
 
 
 
 
Contingently issuable shares (performance and restricted stock units)
0.1


0.1


Diluted average common shares outstanding
199.8

199.6

199.8

199.6

Basic Earnings Per Average Common Share
$
0.35

$
0.44

$
0.48

$
0.66

Diluted Earnings Per Average Common Share
$
0.35

$
0.44

$
0.48

$
0.66

Anti-dilutive shares excluded from earnings per share calculation