XML 26 R27.htm IDEA: XBRL DOCUMENT v2.4.0.8
Stockholders' Equity and Earnings Per Common Share (Tables)
9 Months Ended
Sep. 30, 2013
Earnings Per Share, Basic and Diluted [Abstract]  
Net Income Per Common Share
Net income per common share is determined as follows:
 
Three Months Ended September 30
 
Nine Months Ended September 30
 
2013
 
2012
 
2013
 
2012
 
(in millions of dollars, except share data)
Numerator
 
 
 
 
 
 
 
Net Income
$
205.7

 
$
230.2

 
$
636.9

 
$
660.5

 
 
 
 
 
 
 
 
Denominator (000s)
 
 
 
 
 
 
 
Weighted Average Common Shares - Basic
262,945.9

 
278,354.4

 
265,932.6

 
284,012.8

Dilution for Assumed Exercises of Stock Options and Nonvested Stock Awards
1,314.1

 
156.6

 
1,161.1

 
478.4

Weighted Average Common Shares - Assuming Dilution
264,260.0

 
278,511.0

 
267,093.7

 
284,491.2

 
 
 
 
 
 
 
 
Net Income Per Common Share
 
 
 
 
 
 
 
Basic
$
0.78

 
$
0.83

 
$
2.39

 
$
2.33

Assuming Dilution
$
0.78

 
$
0.83

 
$
2.38

 
$
2.32

Share Repurchase Table
Common stock repurchases, which are classified as treasury stock and accounted for using the cost method, were as follows:
 
Three Months Ended September 30
 
Nine Months Ended September 30
 
2013
 
2012
 
2013
 
2012
 
(in millions)
Shares Repurchased
2.5

 
5.1

 
9.8

 
18.6

Cost of Shares Repurchased (1)
$
75.0

 
$
100.2

 
$
268.5

 
$
400.5