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EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Schedule of earnings per share reconciliation
A reconciliation of net income and shares used to calculate basic and diluted earnings per share is as follows (dollars in millions and shares in thousands):

 
Three months ended
 
Six months ended
 
June 30,
 
June 30,
 
2020
 
2019
 
2020
 
2019
Net income for basic and diluted earnings per share
$
82.0

 
$
37.6

 
$
60.8

 
$
89.4

Shares:
 

 
 

 
 
 
 
Weighted average shares outstanding for basic earnings per share
143,421

 
158,816

 
144,625

 
159,882

Effect of dilutive securities on weighted average shares:
 

 
 

 
 
 
 
Amounts related to employee benefit plans
520

 
919

 
644

 
1,080

Weighted average shares outstanding for diluted earnings per share
143,941

 
159,735

 
145,269

 
160,962