Earnings Per Share

9 Months Ended

Jun. 30, 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 June 30,		Nine Months Ended June 30,
	2021	2020	2021	2020
Average common shares outstanding	289,522	282,385	290,401	275,152
Dilutive share equivalents from share-based plans	2,375	2,763	2,693	3,411
Average common and common equivalent shares outstanding – assuming dilution	291,897	285,148	293,094	278,563

Share equivalents excluded from the diluted shares outstanding calculation because the result would have been antidilutive:
Mandatory convertible preferred stock	6,168	6,328	6,168	9,918