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Shareholders' Equity and Earnings Per Common Share (Tables)
3 Months Ended
Mar. 31, 2014
Equity [Abstract]  
Schedule of Common Stock Outstanding Roll Forward
The following table presents the rollforward of common shares used in calculating the weighted average shares utilized in the basic earnings per common share calculation for the periods indicated:
 
Common Shares
 
2014
 
2013
(shares in millions)
Issued
 
Held in Treasury
 
Outstanding
 
Issued
 
Held in Treasury
 
Outstanding
Common shares, balance at January 1
261.8

 
0.1

 
261.7

 
230.1

 
0.1

 
230.0

Common shares acquired - share buyback

 
7.5

 
(7.5
)
 

 

 

Share-based compensation programs
0.8

 
0.3

 
0.5

 

 

 

Common shares, balance at March 31
262.6

 
7.9

 
254.7

 
230.1

 
0.1

 
230.0

Schedule of Earnings Per Share, Basic and Diluted
The following table presents a reconciliation of net income (loss) and shares used in calculating basic and diluted net income (loss) per common share for the periods indicated:

($ in millions, except for share and per share data)
 
Three Months Ended March 31,
Earnings
 
2014
 
2013
Net income (loss) available to common shareholders:
 
 
 
 
Net income (loss)
 
$
271.6

 
$
(225.5
)
Less: Net income (loss) attributable to noncontrolling interest
 
13.5

 
(13.5
)
Net income (loss) available to common shareholders
 
$
258.1

 
$
(212.0
)
 
 
 
 
 
Weighted-average common shares outstanding
 
 
 
 
Basic
 
261.1

 
230.0

Dilutive Effects:
 
 
 
 
RSUs
 
1.0

 

RSUs - Deal incentive awards
 
0.8

 

PSU awards
 
0.6

 

Diluted
 
263.5

 
230.0

 
 
 
 
 
Net income (loss) per common share
 
 
 
 
Basic
 
$
0.99

 
$
(0.92
)
Diluted
 
0.98

 
(0.92
)