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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table presents the calculation of basic and diluted earnings per share: 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(Dollars and shares in millions, except per share data)
 
2016
 
2015
 
2016
 
2015
Basic earnings per share:
 
 

 
 

 
 

 
 

Weighted-average shares outstanding
 
184.7

 
201.4

 
186.0

 
202.2

Net earnings attributable to shareholders
 
$
149.3

 
$
155.2

 
$
377.1

 
$
525.5

Dividends and undistributed earnings attributable to unvested shares
 
(0.6
)
 
(0.5
)
 
(1.4
)
 
(1.4
)
Net earnings attributable to shareholders used for basic earnings per share calculation
 
$
148.7

 
$
154.7

 
$
375.7

 
$
524.1

Net earnings attributable to shareholders per share
 
$
0.80

 
$
0.77

 
$
2.02

 
$
2.59

Diluted earnings per share:
 
 

 
 

 
 

 
 

Weighted-average shares outstanding
 
184.7

 
201.4

 
186.0

 
202.2

Incremental shares outstanding assuming the exercise/vesting of dilutive stock options/performance shares
 
0.3

 
0.3

 
0.3

 
0.4

Weighted-average shares — diluted
 
185.0

 
201.7

 
186.3

 
202.6

Net earnings attributable to shareholders
 
$
149.3

 
$
155.2

 
$
377.1

 
$
525.5

Dividends and undistributed earnings attributable to unvested shares
 
(0.6
)
 
(0.5
)
 
(1.4
)
 
(1.4
)
Net earnings attributable to shareholders used for diluted earnings per share calculation
 
$
148.7

 
$
154.7

 
$
375.7

 
$
524.1

Net earnings attributable to shareholders per share
 
$
0.80

 
$
0.77

 
$
2.02

 
$
2.59