EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2024

Schedule of Basic and Diluted Earnings Per Share

Basic and diluted earnings per share are calculated as follows:


	Three Months Ended September 30,				Nine Months Ended September 30,
In millions, except per share amounts	2024		2023		2024		2023
Net income	$	95	$	58	$	221	$	204
Weighted average common shares outstanding	41.0		41.8		41.1		42.2
Effect of dilutive securities	0.9		0.6		0.9		0.6
Weighted average common shares outstanding - assuming dilution	41.9		42.4		42.0		42.8
Earnings per share - basic	$	2.32	$	1.39	$	5.37	$	4.83
Earnings per share - diluted	$	2.27	$	1.37	$	5.26	$	4.77
Anti-dilutive shares (a)	0.2		0.3		0.2		0.3

(a) Common stock related to service-based restricted stock units and performance-based restricted stock units were outstanding but excluded from the computation of diluted earnings per share because their effect would be anti-dilutive under the treasury stock method or because the shares were subject to performance conditions that had not been met.