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Recent Accounting Pronouncements (Tables)
9 Months Ended
Sep. 30, 2016
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]  
Schedule of Prospective Adoption of New Accounting Pronouncements
The impact of these benefits on previously issued financial statements is summarized in the tables below:
(in millions, except per share amounts)
 
As Previously Reported
 
Effect of Change
 
As Adjusted
Three Months Ended March 31, 2016
 
 
 
 
 
 
Income from Continuing Operations before Income Taxes
 
$
291.6

 
$

 
$
291.6

Income Taxes
 
111.9

 
(6.9
)
 
105.0

Income from Continuing Operations
 
179.7

 
6.9

 
186.6

Income from Discontinued Operations - net of taxes
 

 

 

Net Income
 
$
179.7

 
$
6.9

 
$
186.6

Basic Earnings Per Share
 
 
 
 
 
 
Continuing operations
 
$
0.56

 
$
0.02

 
$
0.58

Discontinued operations
 

 

 

Basic Earnings Per Share
 
$
0.56

 
$
0.02

 
$
0.58

Diluted Earnings Per Share
 
 
 
 
 
 
Continuing operations
 
$
0.56

 
$
0.02

 
$
0.58

Discontinued operations
 

 

 

Diluted Earnings Per Share
 
$
0.56

 
$
0.02

 
$
0.58

Basic Average Common Shares Outstanding
 
320.3

 

 
320.3

Diluted Average Common Shares
 
322.0

 
0.5

 
322.5

(in millions, except per share amounts)
 
As Previously Reported
 
Effect of Change
 
As Adjusted
Three Months Ended June 30, 2016
 
 
 
 
 
 
Income from Continuing Operations before Income Taxes
 
$
46.1

 
$

 
$
46.1

Income Taxes
 
17.4

 
(0.3
)
 
17.1

Income from Continuing Operations
 
28.7

 
0.3

 
29.0

Loss from Discontinued Operations - net of taxes
 
(0.1
)
 

 
(0.1
)
Net Income
 
$
28.6

 
$
0.3

 
$
28.9

Basic Earnings Per Share
 
 
 
 
 
 
Continuing operations
 
$
0.09

 
$

 
$
0.09

Discontinued operations
 

 

 

Basic Earnings Per Share
 
$
0.09

 
$

 
$
0.09

Diluted Earnings Per Share
 
 
 
 
 
 
Continuing operations
 
$
0.09

 
$

 
$
0.09

Discontinued operations
 

 

 

Diluted Earnings Per Share
 
$
0.09

 
$

 
$
0.09

Basic Average Common Shares Outstanding
 
321.7

 

 
321.7

Diluted Average Common Shares
 
322.9

 
0.3

 
323.2

(in millions, except per share amounts)
 
As Previously Reported
 
Effect of Change
 
As Adjusted
Six Months Ended June 30, 2016
 
 
 
 
 
 
Income from Continuing Operations before Income Taxes
 
$
337.7

 
$

 
$
337.7

Income Taxes
 
129.3

 
(7.2
)
 
122.1

Income from Continuing Operations
 
208.4

 
7.2

 
215.6

Loss from Discontinued Operations - net of taxes
 
(0.1
)
 

 
(0.1
)
Net Income
 
$
208.3

 
$
7.2

 
$
215.5

Basic Earnings Per Share
 
 
 
 
 
 
Continuing operations
 
$
0.65

 
$
0.02

 
$
0.67

Discontinued operations
 

 

 

Basic Earnings Per Share
 
$
0.65

 
$
0.02

 
$
0.67

Diluted Earnings Per Share
 
 
 
 
 
 
Continuing operations
 
$
0.65

 
$
0.02

 
$
0.67

Discontinued operations
 

 

 

Diluted Earnings Per Share
 
$
0.65

 
$
0.02

 
$
0.67

Basic Average Common Shares Outstanding
 
321.0

 

 
321.0

Diluted Average Common Shares
 
322.5

 
0.3

 
322.8