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Net Income Per Common Share Computations (Tables)
3 Months Ended
Mar. 31, 2014
Computations of Net Income per Common Share

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

 

     Three Months Ended
March 31,
 

($ In Millions Except Per Common Share Information)

   2014      2013  

Basic Net Income Per Common Share

     

Average Number of Common Shares Outstanding

     237,208,151         239,167,559   

Net Income Applicable to Common Stock

   $ 181.4       $ 164.0   

Less: Earnings Allocated to Participating Securities

     2.9         2.5   
  

 

 

    

 

 

 

Earnings Allocated to Common Shares Outstanding

     178.5         161.5   
  

 

 

    

 

 

 

Basic Net Income Per Common Share

     0.75         0.68   
  

 

 

    

 

 

 

Diluted Net Income Per Common Share

     

Average Number of Common Shares Outstanding

     237,208,151         239,167,559   

Plus: Dilutive Effect of Share-based Compensation

     1,842,563         1,021,656   
  

 

 

    

 

 

 

Average Common and Potential Common Shares

     239,050,714         240,189,215   
  

 

 

    

 

 

 

Earnings Allocated to Common and Potential Common Shares

   $ 178.5       $ 161.5   

Diluted Net Income Per Common Share

     0.75         0.67