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Earnings per share (Tables)
3 Months Ended
Mar. 31, 2013
Schedule of Actual Weighted Average Shares Used In Calculating Earnings Per Share

Actual weighted average shares used in calculating earnings per share were:

 

(In millions)    Three months ended  
     March 31,
2013
     March 31,
2012
 

Weighted average shares basic

     95.6         89.4   

Effect of dilutive securities:

     

– stock options/share awards

     0.2         0.3   

– equity units 1)

     —           4.1   
  

 

 

    

 

 

 

Weighted average shares diluted

     95.8         93.8   

 

1) 

For the three months ended March 31, 2012, 4.1 million shares were included in the dilutive weighted average share amount related to the Equity Units. The number of shares that was issued on April 30, 2012, related to the final settlement of the Equity Units, was approximately 5.8 million. This reflects the effect from the exchange of Equity Units discussed in Note 9 and taking into account all previously paid dividends, including the dividend paid in the first quarter 2012.