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EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2023
EARNINGS PER SHARE  
Schedule of basic and diluted earnings per share

The computations for basic and diluted earnings per share for the three and six months ended June 30, 2023 and 2022 are as follows:

Three Months Ended June 30, 2023

Six Months Ended June 30, 2023

    

    

Weighted

    

Per

    

    

Weighted

    

Per

Average

Common

Average

Common

Net

Common

Share

Net

Common

Share

(In millions, except per share amounts)

Income

Shares

Amount

Income

Shares

Amount

Basic

$

80.8

 

35.5

$

2.28

$

114.8

 

35.8

$

3.21

Effect of Dilutive Securities

 

0.2

(0.02)

 

0.2

(0.02)

Diluted

$

80.8

35.7

$

2.26

$

114.8

36.0

$

3.19

   

Three Months Ended June 30, 2022

Six Months Ended June 30, 2022

    

Weighted

    

Per

    

    

Weighted

    

Per

Average

Common

Average

Common

Net

Common

Share

Net

Common

Share

(In millions, except per share amounts)

Income

Shares

Amount

Income

Shares

Amount

Basic

$

380.7

 

39.9

$

9.54

$

719.9

 

40.4

$

17.82

Effect of Dilutive Securities

 

0.2

(0.05)

 

0.3

(0.13)

Diluted

$

380.7

40.1

$

9.49

$

719.9

40.7

$

17.69