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Earnings Per Share (EPS)
6 Months Ended
Jun. 30, 2011
Earnings Per Share [Abstract]  
Earnings Per Share (EPS)
Earnings Per Share (EPS)
Basic EPS is calculated by dividing Net earnings (loss) attributable to Ingersoll-Rand plc by the weighted-average number of ordinary shares outstanding for the applicable period. Diluted EPS is calculated after adjusting the denominator of the basic EPS calculation for the effect of all potentially dilutive ordinary shares, which in the Company’s case, includes shares issuable under share-based compensation plans and the effects of the Exchangeable Senior Notes issued in April 2009. The following table summarizes the weighted-average number of ordinary shares outstanding for basic and diluted earnings per share calculations for the three and six months ended June 30:
 
Three months ended
 
Six months ended
In millions
2011
 
2010
 
2011
 
2010
Weighted-average number of basic shares
333.8


 
323.8


 
332.6


 
323.2


Shares issuable under incentive stock plans
5.2


 
5.3


 
5.4


 
4.9


Exchangeable Senior Notes
11.9


 
10.0


 
11.9


 
9.7


Weighted-average number of diluted shares
350.9


 
339.1


 
349.9


 
337.8


Anti-dilutive shares
1.5


 
14.0


 
1.7


 
14.0