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Equity
 6 Months Ended
Jun. 30, 2014
Equity [Abstract]  
Equity
Equity
The following tables summarize the changes in equity (in millions):
 
Three Months Ended June 30, 2014
 
Three Months Ended June 30, 2013
 
Kansas City
Southern
Stockholders’
Equity
 
Noncontrolling
Interest
 
Total
Equity
 
Kansas City
Southern
Stockholders’
Equity
 
Noncontrolling
Interest
 
Total
Equity
Beginning balance
$
3,433.0

 
$
306.3

 
$
3,739.3

 
$
3,182.6

 
$
304.5

 
$
3,487.1

Net income
129.8

 
0.4

 
130.2

 
15.4

 
0.3

 
15.7

Other comprehensive loss
—

 
—

 
—

 
(0.3
)
 
—

 
(0.3
)
Dividends on common stock
(30.9
)
 
—

 
(30.9
)
 
(23.8
)
 
—

 
(23.8
)
Dividends on $25 par preferred stock
—

 
—

 
—

 
—

 
—

 
—

Options exercised and stock subscribed, net of shares withheld for employee taxes
0.2

 
—

 
0.2

 
0.5

 
—

 
0.5

Excess tax benefit from share-based compensation
0.1

 
—

 
0.1

 
0.4

 
—

 
0.4

Share-based compensation
2.9

 
—

 
2.9

 
3.7

 
—

 
3.7

Ending balance
$
3,535.1

 
$
306.7

 
$
3,841.8

 
$
3,178.5

 
$
304.8

 
$
3,483.3

 
Six Months Ended June 30, 2014
 
Six Months Ended June 30, 2013
 
Kansas City
Southern
Stockholders’
Equity
 
Noncontrolling
Interest
 
Total
Equity
 
Kansas City
Southern
Stockholders’
Equity
 
Noncontrolling
Interest
 
Total
Equity
Beginning balance
$
3,370.6

 
$
306.0

 
$
3,676.6

 
$
3,096.6

 
$
304.1

 
$
3,400.7

Net income
223.5

 
0.7

 
224.2

 
119.2

 
0.7

 
119.9

Other comprehensive income
—

 
—

 
—

 
0.3

 
—

 
0.3

Dividends on common stock
(61.8
)
 
—

 
(61.8
)
 
(47.4
)
 
—

 
(47.4
)
Dividends on $25 par preferred stock
(0.1
)
 
—

 
(0.1
)
 
(0.1
)
 
—

 
(0.1
)
Options exercised and stock subscribed, net of shares withheld for employee taxes
(4.0
)
 
—

 
(4.0
)
 
(1.7
)
 
—

 
(1.7
)
Excess tax benefit from share-based compensation
2.5

 
—

 
2.5

 
3.3

 
—

 
3.3

Share-based compensation
4.4

 
—

 
4.4

 
8.3

 
—

 
8.3

Ending balance
$
3,535.1

 
$
306.7

 
$
3,841.8

 
$
3,178.5

 
$
304.8

 
$
3,483.3


Cash Dividends on Common Stock
On April 30, 2014, the Company’s Board of Directors declared a cash dividend of $0.280 per share payable on July 2, 2014, to common stockholders of record as of June 9, 2014. The aggregate amount of the dividends declared for the three and six months ended June 30, 2014 was $30.9 million and $61.8 million, respectively.
The following table presents the amount of cash dividends declared per common share by the Company’s Board of Directors:
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2014
 
2013
 
2014
 
2013
Cash dividends declared per common share
$
0.280

 
$
0.215

 
$
0.560

 
$
0.430