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Earnings Per Common Share (Tables)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Schedule of Earnings Per Common Share, Basic and Diluted [Line Items]      
Schedule of Calculation of Numerator and Denominator in Earnings Per Share
The following table shows the computation of basic and diluted EPS:
 
Year Ended December 31, 2015
(in millions, except per share amounts)
Continuing Operations
 
Discontinued Operations
 
Total
Numerator:
 
 
 
 
 
Net income (loss)
$
290.8

 
$
62.9

 
$
353.7

Preferred stock dividends
10.4

 

 
10.4

Net income (loss) applicable to common shareowners - basic and diluted
$
280.4

 
$
62.9

 
$
343.3

Denominator:
 
 
 
 
 
Weighted-average common shares outstanding - basic
209.6

 
209.6

 
209.6

Stock-based compensation arrangements
0.6

 
0.6

 
0.6

Weighted-average common shares outstanding - diluted
210.2

 
210.2

 
210.2

Basic earnings (loss) per common share
$
1.34

 
$
0.30

 
$
1.64

Diluted earnings (loss) per common share
$
1.33

 
$
0.30

 
$
1.63

 
Year Ended December 31, 2014
(in millions, except per share amounts)
Continuing Operations
 
Discontinued Operations
 
Total
Numerator:
 
 
 
 
 
Net income (loss)
$
117.7

 
$
(42.1
)
 
$
75.6

Preferred stock dividends
10.4

 

 
10.4

Net income (loss) applicable to common shareowners - basic and diluted
$
107.3

 
$
(42.1
)
 
$
65.2

Denominator:
 
 
 
 
 
Weighted-average common shares outstanding - basic
208.5

 
208.5

 
208.5

Stock-based compensation arrangements
1.1

 
1.1

 
1.1

Weighted-average common shares outstanding - diluted
209.6

 
209.6

 
209.6

Basic and diluted earnings (loss) per common share
$
0.51

 
$
(0.20
)
 
$
0.31

 
Year Ended December 31, 2013
(in millions, except per share amounts)
Continuing Operations
 
Discontinued Operations
 
Total
Numerator:
 
 
 
 
 
Net income (loss)
$
(64.9
)
 
$
10.2

 
$
(54.7
)
Preferred stock dividends
10.4

 

 
10.4

Net income (loss) applicable to common shareowners - basic and diluted
$
(75.3
)
 
$
10.2

 
$
(65.1
)
Denominator:
 
 
 
 
 
Weighted-average common shares outstanding - basic and diluted
205.9

 
205.9

 
205.9

Basic and diluted earnings (loss) per common share
$
(0.37
)

$
0.05


$
(0.32
)