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NET EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2021
Earnings Per Share [Abstract]  
Dilutive Potential Common Shares Diluted earnings per share is net earnings divided by the sum of the weighted average number of our outstanding common shares and the effect of our outstanding dilutive potential common shares.

 

 

QUARTER ENDED

 

SHARES IN THOUSANDS

 

MARCH 2021

 

 

MARCH 2020

 

Weighted average common shares outstanding – basic

 

 

748,718

 

 

 

746,534

 

Dilutive potential common shares:

 

 

 

 

 

 

 

 

Stock options

 

 

217

 

 

 

338

 

Restricted stock units

 

 

738

 

 

 

283

 

Performance share units

 

 

351

 

 

 

 

Total effect of outstanding dilutive potential common shares

 

 

1,306

 

 

 

621

 

Weighted average common shares outstanding – dilutive

 

 

750,024

 

 

 

747,155

 

 

Potential Shares Not Included in the Computation of Diluted Earnings per Share

The following shares were not included in the computation of diluted earnings per share because they were either antidilutive or the required performance or market conditions were not met. Some or all of these shares may be dilutive potential common shares in future periods.

 

 

 

QUARTER ENDED

 

SHARES IN THOUSANDS

 

MARCH 2021

 

 

MARCH 2020

 

Stock options

 

 

147

 

 

 

2,292

 

Performance share units

 

 

1,115

 

 

 

1,390