The following table shows the computation of basic and diluted EPS:



	Three Months Ended						Three Months Ended
	June 30, 2016						June 30, 2015
(in millions, except per share amounts)	Continuing Operations		Discontinued Operations		Total		Continuing Operations		Discontinued Operations		Total
Numerator:
Net income	$	77.6	$	—	$	77.6	$	180.7	$	10.9	$	191.6
Preferred stock dividends ⁽¹⁾	2.6		—		2.6		2.6		—		2.6
Net income applicable to common shareowners - basic and diluted	$	75.0	$	—	$	75.0	$	178.1	$	10.9	$	189.0
Denominator:
Weighted average common shares outstanding - basic	209.8		209.8		209.8		209.7		209.7		209.7
Stock-based compensation arrangements	0.6		0.6		0.6		0.4		0.4		0.4
Conversion of preferred shares	—		—		—		4.5		4.5		4.5
Weighted average common shares outstanding - diluted	210.4		210.4		210.4		214.6		214.6		214.6
Basic earnings per common share	$	0.36	$	—	$	0.36	$	0.85	$	0.05	$	0.90
Diluted earnings per common share	$	0.36	$	—	$	0.36	$	0.84	$	0.05	$	0.89

(1) Calculation of diluted earnings per common share for the three months ended June 30, 2015 excludes preferred stock dividends as the preferred shares are considered converted.



	Six Months Ended						Six Months Ended
	June 30, 2016						June 30, 2015
(in millions, except per share amounts)	Continuing Operations		Discontinued Operations		Total		Continuing Operations		Discontinued Operations		Total
Numerator:
Net income	$	84.6	$	—	$	84.6	$	181.0	$	59.8	$	240.8
Preferred stock dividends	5.2		—		5.2		5.2		—		5.2
Net income applicable to common shareowners - basic and diluted	$	79.4	$	—	$	79.4	$	175.8	$	59.8	$	235.6
Denominator:
Weighted average common shares outstanding - basic	209.9		209.9		209.9		209.4		209.4		209.4
Stock-based compensation arrangements	0.5		0.5		0.5		0.7		0.7		0.7
Weighted average common shares outstanding - diluted	210.4		210.4		210.4		210.1		210.1		210.1
Basic earnings per common share	$	0.38	$	—	$	0.38	$	0.84	$	0.29	$	1.13
Diluted earnings per common share	$	0.38	$	—	$	0.38	$	0.84	$	0.28	$	1.12