Net Income Per Common Share Computations (Tables)

3 Months Ended

Mar. 31, 2016

Computations of Net Income per Common Share

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

Table 47: Net Income per Common Share



	Three Months Ended March 31,
($ In Millions Except Per Common Share Information)	2016		2015
Basic Net Income Per Common Share
Average Number of Common Shares Outstanding	228,619,089		233,381,168
Net Income	$	241.8	$	230.7
Less: Dividends on Preferred Stock	5.9		5.9
Net Income Applicable to Common Stock	235.9		224.8
Less: Earnings Allocated to Participating Securities	4.1		3.7
Earnings Allocated to Common Shares Outstanding	231.8		221.1
Basic Net Income Per Common Share	$	1.01	$	0.95
Diluted Net Income Per Common Share
Average Number of Common Shares Outstanding	228,619,089		233,381,168
Plus: Dilutive Effect of Share-based Compensation	1,360,601		1,907,527
Average Common and Potential Common Shares	229,979,690		235,288,695
Earnings Allocated to Common and Potential Common Shares	$	231.9	$	221.1
Diluted Net Income Per Common Share	1.01		0.94

Note: Common stock equivalents of 1,796,320 and 1,504,850 for the three months ended March 31, 2016 and 2015, respectively, were not included in the computation of diluted net income per common share because their inclusion would have been antidilutive.