Net Income Per Common Share Computations (Tables)

9 Months Ended

Sep. 30, 2015

Computations of Net Income per Common Share

The computations of net income per common share are presented in the following table.

Table 54: Net Income per Common Share



	Three Months Ended September 30,				Nine Months Ended September 30,
($ In Millions Except Per Common Share Information)	2015		2014		2015		2014
Basic Net Income Per Common Share
Average Number of Common Shares Outstanding	232,231,720		235,701,076		232,916,425		236,301,789
Net Income	$	234.6	$	204.5	$	734.5	$	567.8
Less: Dividends on Preferred Stock	5.8		—		17.5		—
Net Income Applicable to Common Stock	228.8		204.5		717.0		567.8
Less: Earnings Allocated to Participating Securities	3.8		3.5		11.6		9.5
Earnings Allocated to Common Shares Outstanding	225.0		201.0		705.4		558.3
Basic Net Income Per Common Share	$	0.97	$	0.85	$	3.03	$	2.36
Diluted Net Income Per Common Share
Average Number of Common Shares Outstanding	232,231,720		235,701,076		232,916,425		236,301,789
Plus: Dilutive Effect of Share-based Compensation	1,931,470		2,036,053		1,974,357		1,873,907
Average Common and Potential Common Shares	234,163,190		237,737,129		234,890,782		238,175,696
Earnings Allocated to Common and Potential Common Shares	$	225.0	$	201.0	$	705.4	$	558.4
Diluted Net Income Per Common Share	0.96		0.84		3.00		2.34

Note: For the three months ended September 30, 2015, there were no common stock equivalents excluded in the computation of diluted net income per common share. Common stock equivalents of 496,104 for the nine months ended September 30, 2015, and 1,071,654 and 1,671,849 for the three and nine months ended September 30, 2014, respectively, were not included in the computation of diluted net income per common share because their inclusion would have been antidilutive.