2025

2024

2023

Basic Earnings Per Common Share:

Net Income

$

271.7

$

250.9

$

217.5

Less: Provision for preferred dividends

14.8

14.8

14.8

Income allocated to participating securities

0.3

0.3

0.3

Net Income Available to Common Shareholders

$

256.6

$

235.8

$

202.4

Weighted Average Common Shares Outstanding (in millions)

58.5

56.1

52.5

Basic Earnings Per Share of Common Stock

$

4.39

$

4.20

$

3.86

Diluted Earnings per Common Share:

Net Income

$

271.7

$

250.9

$

217.5

Less: Provision for preferred dividends

14.8

14.8

14.8

Income allocated to participating securities

0.3

0.3

0.3

Net Income Available to Common Shareholders

$

256.6

$

235.8

$

202.4

Weighted Average Common Shares Outstanding (in millions)

58.5

56.1

52.5

Dilutive Effect of Restricted Stock and Restricted Stock Units
   (in millions)*

0.2

0.2

0.1

Weighted Average Diluted Common Shares (in millions)

58.7

56.3

52.6

Diluted Earnings Per Share of Common Stock

$

4.37

$

4.19

$

3.85

* Calculation excludes certain outstanding common shares (shown in
   millions by period at the right) attributable to common stock forward
   contracts, stock units subject to performance or market conditions, and
   restricted stock, which could have a dilutive effect in the future

0.2

0.1

1.9