XML 42 R32.htm IDEA: XBRL DOCUMENT v3.23.3
Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2023
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table presents the calculation of our basic and diluted EPS:
Three Months Ended
September 30,
Nine Months Ended
September 30,
(in millions, except per share amounts)2023202220232022
Numerator:
Net Income Available to Common Shareholders
$77.0 $52.0 $436.1 $518.2 
Less: Income allocated to participating securities0.1 — 0.3 — 
Net Income Available to Common Shareholders - Basic
76.9 52.0 435.8 518.2 
Add: Dilutive effect of Equity Units0.4 0.5 1.2 1.5 
Net Income Available to Common Shareholders - Diluted
$77.3 $52.5 $437.0 $519.7 
Denominator:
Average common shares outstanding - Basic413.5 406.5 413.2 406.3 
Dilutive potential common shares:
Equity Units purchase contracts33.1 31.3 31.9 29.4 
Equity Units purchase contract payment balance0.6 3.0 1.2 3.4 
Shares contingently issuable under employee stock plans0.7 0.9 0.7 1.0 
Shares restricted under employee stock plans0.4 0.6 0.4 0.5 
ATM forward agreements 1.1  1.1 
Average Common Shares - Diluted448.3 443.4 447.4 441.7 
Earnings per common share:
Basic$0.19 $0.13 $1.05 $1.28 
Diluted$0.17 $0.12 $0.98 $1.18