The following tables present the calculation of basic and diluted EPS: | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2026 | | Six Months Ended June 30, 2026 | | | (in millions, except per share amounts) | | Net income available to common stockholders | | $ | 258.5 | | | $ | 437.4 | | | Less: Earnings allocated to participating stock awards (1) | | 3.3 | | | 5.6 | | | Net earnings attributable to common stockholders | | $ | 255.2 | | | $ | 431.8 | | | | | | | | Weighted average shares - basic | | 107.8 | | | 108.0 | | | Dilutive effect of stock awards | | 0.2 | | | 0.1 | | | Weighted average shares - diluted | | 108.0 | | | 108.1 | | | | | | | | Earnings per common share: | | | | | | Basic | | $ | 2.37 | | | $ | 4.00 | | | Diluted | | 2.36 | | | 3.99 | | | | | | | | | | | |
(1)Represents cash dividends paid to holders of unvested stock awards plus undistributed earnings available to holders of these awards. | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2025 | | Six Months Ended June 30, 2025 | | | (in millions, except per share amounts) | | Net income available to common stockholders | | $ | 227.2 | | | $ | 423.1 | | | | | | | | Weighted average shares - basic | | 109.0 | | | 108.9 | | | Dilutive effect of stock awards | | 0.6 | | | 0.7 | | | Weighted average shares - diluted | | 109.6 | | | 109.6 | | | | | | | | Earnings per common share: | | | | | | Basic | | $ | 2.08 | | | $ | 3.89 | | | Diluted | | 2.07 | | | 3.86 | | | | | | | | | | | |
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