Earnings Per Share

9 Months Ended

Mar. 31, 2012

Earnings Per Share [Abstract]

Earnings Per Share

10. EARNINGS PER SHARE

Basic earnings per share ("EPS") is computed by dividing net earnings (the numerator) by the weighted average number of Common Shares outstanding during each period (the denominator). Diluted EPS is similar to the computation for Basic EPS, except that the denominator is increased by the dilutive effect of vested and nonvested stock options, restricted shares and restricted share units computed using the treasury stock method. The total number of Common Shares issued, less the Common Shares held in treasury, is used to determine the Common Shares outstanding.

The following table reconciles the number of Common Shares used to compute Basic EPS and Diluted EPS for the three and nine months ended March 31, 2012 and 2011:

	Three Months Ended March 31,				Nine Months Ended March 31,
(in millions)	2012		2011		2012		2011
Weighted-average Common Shares–basic		345.3		348.5		345.0		348.3
Effect of dilutive securities:
Employee stock options, restricted shares and restricted share units		4.2		4.4		4.2		3.5
Weighted-average Common Shares–diluted		349.5		352.9		349.2		351.8

The following table presents the number of potentially dilutive securities that were anti-dilutive for the three and nine months ended March 31, 2012 and 2011:

	Three Months Ended March 31,				Nine Months Ended March 31,
(in millions)	2012		2011		2012		2011
Anti-dilutive securities		9.3		10.6		9.8		11.8