XML 45 R23.htm IDEA: XBRL DOCUMENT v3.3.0.814
Earnings Per Common Share (Tables)
9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Schedule of Calculation of Numerator and Denominator in Earnings Per Share [Table Text Block]
The following table shows the computation of basic and diluted EPS:
 
 
Three Months Ended
 
Three Months Ended
 
September 30, 2015
 
September 30, 2014
(in millions, except per share amounts)
Continuing Operations
 
Discontinued Operations
 
Total
 
Continuing Operations
 
Discontinued Operations
 
Total
Numerator:
 
 
 
 
 
 
 
 
 
 
 
Net income (loss)
$
79.3

 
$
1.0

 
$
80.3

 
$
(7.5
)
 
$
(19.8
)
 
$
(27.3
)
Preferred stock dividends
2.6

 

 
2.6

 
2.6

 

 
2.6

Net income (loss) applicable to common shareowners - basic and diluted
$
76.7

 
$
1.0

 
$
77.7

 
$
(10.1
)
 
$
(19.8
)
 
$
(29.9
)
Denominator:
 
 
 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding - basic
209.8

 
209.8

 
209.8

 
208.7

 
208.7

 
208.7

Stock-based compensation arrangements
0.4

 
0.4

 
0.4

 

 

 

Weighted average common shares outstanding - diluted
210.2

 
210.2

 
210.2

 
208.7

 
208.7

 
208.7

Basic earnings (loss) per common share
$
0.37

 
$

 
$
0.37

 
$
(0.05
)
 
$
(0.09
)
 
$
(0.14
)
Diluted earnings (loss) per common share
$
0.37

 
$

 
$
0.37

 
$
(0.05
)
 
$
(0.09
)
 
$
(0.14
)


 
Nine Months Ended
 
Nine Months Ended
 
September 30, 2015
 
September 30, 2014
(in millions, except per share amounts)
Continuing Operations
 
Discontinued Operations
 
Total
 
Continuing Operations
 
Discontinued Operations
 
Total
Numerator:
 
 
 
 
 
 
 
 
 
 
 
Net income (loss)
$
260.3

 
$
60.8

 
$
321.1

 
$
122.1

 
$
(28.2
)
 
$
93.9

Preferred stock dividends
7.8

 

 
7.8

 
7.8

 

 
7.8

Net income (loss) applicable to common shareowners - basic and diluted
$
252.5

 
$
60.8

 
$
313.3

 
$
114.3

 
$
(28.2
)
 
$
86.1

Denominator:
 
 
 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding - basic
209.5

 
209.5

 
209.5

 
208.4

 
208.4

 
208.4

Stock-based compensation arrangements
0.6

 
0.6

 
0.6

 
1.0

 
1.0

 
1.0

Weighted average common shares outstanding - diluted
210.1

 
210.1

 
210.1

 
209.4

 
209.4

 
209.4

Basic earnings (loss) per common share
$
1.21

 
$
0.29

 
$
1.50

 
$
0.55

 
$
(0.14
)
 
$
0.41

Diluted earnings (loss) per common share
$
1.20

 
$
0.29

 
$
1.49

 
$
0.55

 
$
(0.14
)
 
$
0.41