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Earnings per Common Share (Tables)
 12 Months Ended
Dec. 31, 2013
Earnings Per Share Computation

EPS is computed using the following common share information for the following years ended December 31:

 

     2013      2012      2011  
(dollars and shares in millions)                     

EPS Numerator:

         

Net income attributable to common shareholders

    $ 689.8       $ 530.1       $ 328.0   

Less: Income allocated to participating securities

      12.5         10.0         6.1   
  

 

 

     

 

 

     

 

 

  

Net income available to common shareholders

    $ 677.3       $ 520.1       $ 321.9   
  

 

 

     

 

 

     

 

 

  

EPS Denominator:

         

Weighted average common shares outstanding

      79.3         83.3         85.8   

Dilutive common share equivalents from share-based compensation plans

      1.4         1.1         1.5   
  

 

 

     

 

 

     

 

 

  

Weighted average common and common equivalent shares outstanding, assuming dilution

      80.7         84.4         87.3