Earnings Per Share

3 Months Ended

Dec. 31, 2020

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,
	2020	2019
Average common shares outstanding	290,590	271,102
Dilutive share equivalents from share-based plans	2,522	3,850
Average common and common equivalent shares outstanding – assuming dilution	293,112	274,952
Share equivalents excluded from the diluted shares outstanding calculation because the result would have been antidilutive:
Mandatory convertible preferred stock	5,995	11,685