Earnings Per Share

6 Months Ended

Mar. 31, 2021

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 March 31,		Six Months Ended March 31,
	2021	2020	2021	2020
Average common shares outstanding	291,095	272,014	290,839	271,555
Dilutive share equivalents from share-based plans	2,452	3,023	2,660	3,618
Average common and common equivalent shares outstanding – assuming dilution	293,547	275,037	293,499	275,173

Share equivalents excluded from the diluted shares outstanding calculation because the result would have been antidilutive:
Mandatory convertible preferred stock	6,169	11,685	6,169	11,685