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Equity (Tables)
12 Months Ended
Dec. 31, 2012
Equity  
Schedule of basic and diluted earnings per share

The computation of basic and diluted earnings per share is as follows (in millions, except per share amounts):

 
  Year Ended December 31,  
 
  2012   2011   2010  

Net income attributable to DST Systems, Inc. 

  $ 324.0   $ 183.1   $ 318.5  
               

Average common shares outstanding

    44.9     45.7     46.9  

Incremental shares from restricted stock units, stock options and convertible debentures

    0.9     0.6     0.4  
               

Average diluted shares outstanding

    45.8     46.3     47.3  
               

Basic earnings per share

  $ 7.22   $ 4.01   $ 6.78  

Diluted earnings per share

  $ 7.08   $ 3.95   $ 6.73  
Schedule of Accumulated other comprehensive Income

Accumulated other comprehensive income balances consist of the following (in millions), net of tax:

 
  Investment and
Interest Rate
Swaps Unrealized
Holding Gains
(Losses)
  Currency
Translation
Adjustments
  Accumulated Other
Comprehensive
Income
 

Balance, December 31, 2011

  $ 261.6   $ 16.2   $ 277.8  

Current period change

   
(9.3

)
 
(11.7

)
 
(21.0

)
               

Balance, December 31, 2012

  $ 252.3   $ 4.5   $ 256.8  
               
Schedule of ranges of assumptions and weighted-average assumptions used for grants made under the option plans and range of fair values and weighted-average fair value of options granted:

 

 

 
  Year Ended December 31,
 
  2012   2011   2010

Weighted average risk free interest rate

  0.89%   1.25%   2.67%

Range of risk free interest rates

  0.8% - 1.15%   1.25%   1.47% - 3.01%

Weighted average expected life of option (years)

  6.0   6.0   6.0

Range of expected life of option (years)

  6.0   6.0   6.0 - 6.5

Weighted average expected stock volatility

  26.63%   30.75%   35.41%

Range of expected stock volatilities

  25.11% - 30.75%   30.75%   34.74% - 36.60%

Weighted average expected dividend yield

  1.95%   2.21%   0.60%

Range of expected dividend yields

  1.87% - 1.99%   2.21%   0% - 1.68%

Weighted average stock option fair value

  $11.11   $11.38   $15.63

Range of stock option fair values

  $10.73 - $12.97   $11.38   $11.44 - $17.37
Schedule of stock option activity

Summary stock option activity is presented in the table below (shares in millions):

 
  Shares   Weighted
Average
Exercise
Price
  Weighted
Average
Remaining
Contractual
Life
(in years)
  Aggregate
Intrinsic
Value
(in millions)
 

Outstanding at December 31, 2009

    6.6   $ 42.50              

Granted

   
0.2
   
42.54
             

Exercised

    (0.5 )   32.07         $ 5.3  

Cancelled

    (1.2 )   51.64              
                         

Outstanding at December 31, 2010

    5.1     41.39              

Granted

   
0.8
   
47.51
             

Exercised

    (1.5 )   41.15           13.2  

Cancelled

    (0.6 )   56.84              
                         

Outstanding at December 31, 2011

    3.8     40.42              

Granted

   
0.1
   
53.77
             

Exercised

    (1.8 )   35.58           32.9  

Cancelled

    (0.4 )   44.68              
                         

Outstanding at December 31, 2012

    1.7     45.08     7.4        
                         

Exercisable at December 31, 2012

    1.2     43.85     6.8        
                         
Schedule of restricted stock activity

Summary restricted stock activity is presented in the table below (shares in millions):

 
  Shares   Weighted
Average
Grant Date
Fair Value
 

Non-vested at December 31, 2009

    1.0   $ 55.41  

Granted

   
0.5
   
46.20
 

Vested

    (0.8 )   49.37  

Forfeited

    (0.1 )   67.13  
             

Non-vested at December 31, 2010

    0.6     53.17  

Granted

   
0.6
   
47.94
 
             

Non-vested at December 31, 2011

    1.2     50.62  

Granted

   
0.1
   
44.39
 

Vested

    (0.2 )   52.89  

Forfeited

    (0.1 )   47.09  
             

Non-vested at December 31, 2012

    1.0   $ 48.52