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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Reconciliation Of Numerator And Denominator Of Basic EPS With Diluted EPS
The following table sets forth the computation of the Basic and Diluted earnings per share:
 
Years Ended December 31,
(dollars in millions, except per share amounts; shares in thousands)
2017
 
2016
 
2015
Earnings / (Loss)
 

 
 

 
 

Income (loss) from continuing operations
$
259.4

 
$
(182.6
)
 
$
724.1

Preferred stock dividends
9.8

 

 

Income (loss) from continuing operations available to common shareholders
249.6

 
(182.6
)
 
724.1

Income (loss) from discontinued operations net of taxes
208.8

 
(665.4
)
 
310.0

Net income (loss) available to common shareholders
$
458.4

 
$
(848.0
)
 
$
1,034.1

Weighted Average Common Shares Outstanding
 

 
 

 
 

Basic shares outstanding
162,290

 
201,850

 
185,500

Stock-based awards(1)(2)
1,660

 

 
888

Diluted shares outstanding
163,950

 
201,850

 
186,388

Basic Earnings Per Common Share Data
 

 
 

 
 

Income (Loss) from continuing operations
$
1.54

 
$
(0.90
)
 
$
3.90

Income (Loss) from discontinued operation
1.28

 
(3.30
)
 
1.67

Basic income (loss)per common share
$
2.82

 
$
(4.20
)
 
$
5.57

Diluted Earnings Per Common Share Data(2)
 
 
 
 
 
Income (Loss) from continuing operations
$
1.52

 
$
(0.90
)
 
$
3.89

Income (Loss) from discontinued operation
1.28

 
(3.30
)
 
1.66

Diluted Income (loss) per common share
$
2.80

 
$
(4.20
)
 
$
5.55


(1) 
Represents the incremental shares from non-qualified restricted stock awards, performance shares, and in-the-money stock options. Weighted average restricted shares, performance shares and options that were either out-of-the money or did not meet performance targets and therefore excluded from diluted earnings per share totaled 1.3 million, 2.7 million, and 2.0 million for the years ended December 31, 2017, 2016 and 2015, respectively.

(2) 
Due to the net loss for the year ended December 31, 2016, the Diluted Earnings Per Share calculation excluded 0.7 million of weighted average restricted shares, performance shares, and options as they were anti-dilutive. The Basic weighted average shares outstanding and net loss for the year ended December 31, 2016 were utilized for the Diluted Earnings Per Share calculation.