RECONCILIATION OF WEIGHTED AVERAGE SHARES OUTSTANDING

3 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

RECONCILIATION OF WEIGHTED AVERAGE SHARES OUTSTANDING

RECONCILIATION OF WEIGHTED AVERAGE SHARES OUTSTANDING

Below is a reconciliation of basic to diluted shares outstanding:

	Three Months Ended March 31,
	2023	2022
Basic	183.3	185.1
Dilutive effect of shares issuable under stock-based compensation plans	0.8	1.0
Diluted	184.1	186.1
Anti-dilutive options to purchase common shares and restricted stock as well as contingently issuable restricted stock which are excluded from the table above	0.7	0.3

The calculation of diluted EPS requires certain assumptions regarding the use of both cash proceeds and assumed proceeds that would be received upon the exercise of stock options and vesting of restricted stock outstanding as of March 31, 2023 and 2022.