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Earnings Per Share
12 Months Ended
Dec. 31, 2017
Earnings Per Share

20.    Earnings Per Share

The computations of earnings (loss) per common share were as follows:

 

       
(In millions, except per share data)    2017      2016      2015  

Income from continuing operations, net of tax

   $ 475.3      $ 412.4      $ 306.5  

Less: Noncontrolling interests

     0.1               0.5  

Income from continuing operations for EPS

     475.2        412.4        306.0  

Income (loss) from discontinued operations

     (2.6      0.8        9.0  

Net income attributable to Fortune Brands

   $ 472.6      $ 413.2      $ 315.0  

Earnings (loss) per common share

          

Basic

          

Continuing operations

   $ 3.10      $ 2.67      $ 1.92  

Discontinued operations

     (0.02      0.01        0.05  

Net income attributable to Fortune Brands common stockholders

   $ 3.08      $ 2.68      $ 1.97  

Diluted

          

Continuing operations

   $ 3.05      $ 2.61      $ 1.88  

Discontinued operations

     (0.02      0.01        0.05  

Net income attributable to Fortune Brands common stockholders

   $ 3.03      $ 2.62      $ 1.93  

Basic average shares outstanding

     153.2        154.3        159.5  

Stock-based awards

     2.6        3.5        3.5  

Diluted average shares outstanding

     155.8        157.8        163.0  

Antidilutive stock-based awards excluded from weighted-average number of shares outstanding for diluted earnings per share

     0.5        0.5        0.7