Shares Used to Calculate Earnings Per Share

9 Months Ended

Sep. 30, 2014

Notes to Financial Statements [Abstract]

Capital stock

Note 8 – Shares used to calculate earnings per share

		Three Months		Nine Months
		Ended September 30,		Ended September 30,
(In millions)		2014	2013	2014	2013
Weighted-average shares:
	Basic(a)	49.1	48.7	49.0	48.6
	Effect of dilutive stock options and awards	0.3	0.3	-	0.3
	Diluted	49.4	49.0	49.0	48.9
Antidilutive stock options and awards excluded from denominator		0.5	1.2	1.9	1.7

• We have deferred compensation plans for directors and certain of our employees. Amounts owed to participants are denominated in common stock units. Each unit represents one share of common stock. The number of shares used to calculate basic earnings per share includes the weighted-average units credited to employees and directors under the deferred compensation plans. Additionally, nonvested units are also included in the computation of basic weighted average shares when the requisite service period has been completed. Accordingly, included in basic shares are weighted-average units of 0.5million in the three months and 0.5million in the nine months endedSeptember 30,2014, and 0.6million in the three months and 0.6 million in the nine months endedSeptember 30,2013.