Earnings Per Share

9 Months Ended

Jun. 30, 2020

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 June 30,			Nine Months Ended June 30,
	2020	2019	2020	2019
Average common shares outstanding	282,385	270,249	275,152	269,719
Dilutive share equivalents from share-based plans	2,763	4,087	3,411	4,791
Average common and common equivalent shares outstanding – assuming dilution	285,148	274,336	278,563	274,510

Share equivalents excluded from the diluted shares outstanding calculation because the result would have been antidilutive:
Mandatory convertible preferred stock	6,328	11,685	9,918	11,685