NET EARNINGS PER SHARE AND SHARE REPURCHASES (Tables)

9 Months Ended

Sep. 30, 2022

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				YEAR-TO-DATE ENDED
SHARES IN THOUSANDS	SEPTEMBER 2022		SEPTEMBER 2021		SEPTEMBER 2022		SEPTEMBER 2021
Weighted average common shares outstanding – basic		740,058		750,105		743,990		749,657
Dilutive potential common shares:
Stock options		192		293		294		318
Restricted stock units		420		730		417		709
Performance share units		305		315		380		315
Total effect of outstanding dilutive potential common shares		917		1,338		1,091		1,342
Weighted average common shares outstanding – dilutive		740,975		751,443		745,081		750,999

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				YEAR-TO-DATE ENDED
SHARES IN THOUSANDS	SEPTEMBER 2022		SEPTEMBER 2021		SEPTEMBER 2022		SEPTEMBER 2021
Stock options		620		789		620		789
Performance share units		623		1,067		623		1,067