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Earnings per share (Tables)
9 Months Ended
Sep. 30, 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      Nine months ended  
     September 30,
2013
     September 30,
2012
     September 30,
2013
     September 30,
2012
 

Weighted average shares basic

     95.8         95.4         95.7         92.8   

Effect of dilutive securities:

           

- stock options/share awards

     0.4         0.3         0.3         0.3   

- equity units 1)

     —           0.0         —           1.8   
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted average shares diluted

     96.2         95.7         96.0         94.9   

 

1)  For the three and nine months ended September 30, 2012, 0.0 million and 1.8 million shares, respectively, were included in the dilutive weighted average share amount related to the Equity Units. The number of shares that were 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 takes into account all previously paid dividends, including the dividend paid in the first quarter 2012.