Earnings Per Share

3 Months Ended

Dec. 31, 2017

Earnings Per Share [Abstract]

Earnings per Share

Earnings per Share

The weighted average common shares used in the computations of basic and diluted earnings per share (shares in thousands) were as follows:

	Three Months Ended December 31,
	2017	2016
Average common shares outstanding	230,038	213,064
Dilutive share equivalents from share-based plans (A)	—	4,675
Average common and common equivalent shares outstanding – assuming dilution	230,038	217,739

(A) For the three months ended December 31, 2017, approximately 4 million dilutive share equivalents from share-based plans and 12 million dilutive share equivalents associated with mandatory convertible preferred stock were excluded from the diluted shares outstanding calculation because the result would have been antidilutive.