Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2017

Earnings Per Share [Abstract]

Computation Of Basic And Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share (“EPS”) (shares in millions): 

		Three Months Ended   September 30,				Nine Months Ended September 30,
		2017		2016		2017		2016
Net income for basic and diluted EPS		$	245	$	209	$	141	$	194
Basic weighted average shares outstanding		82.6		90.4		84.1		93.5
Options and non-vested stock (a)		1.4		1.4		1.4		1.3
Diluted weighted average shares outstanding		84.0		91.8		85.5		94.8
Earnings per share:
	Basic	$	2.96	$	2.32	$	1.68	$	2.07
	Diluted	$	2.91	$	2.28	$	1.65	$	2.05

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^(a)  For the three months ended September 30, 2017 and 2016, 0.7 million and 0.2 million non-vested stock awards, respectively, have an anti-dilutive effect and therefore are excluded from the computation of diluted weighted average shares outstanding. For the nine months ended September 30, 2017 and 2016, 0.8 million and 0.2 million non-vested stock awards, respectively, have an anti-dilutive effect and therefore are excluded from the computation of diluted weighted average shares outstanding.