XML 20 R33.htm IDEA: XBRL DOCUMENT v3.3.0.814
Earnings Per Share (Tables)
 9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Schedule Of Calculation Of Basic And Diluted Earnings Per Share
The calculation of basic and diluted earnings per share is as follows (in millions, except per share data):
 
Three Months Ended September 30,
 
Nine Months Ended September 30,

 
2015
 
2014
 
2015
 
2014
Numerator for basic and diluted earnings per share:
 
 
 
 
 
 
 
Income from continuing operations
$
134.0

 
$
122.9

 
$
339.0

 
$
323.7

Income (loss) from discontinued operations
0.2

 
(0.6
)
 
(2.2
)
 
2.1

Net income
$
134.2

 
$
122.3

 
$
336.8

 
$
325.8

Dividends and equivalents for share-based awards expected to be forfeited
0.1

 
0.1

 
0.1

 
0.1

Net income for basic and diluted earnings per share
$
134.3

 
$
122.4

 
$
336.9

 
$
325.9

Denominator for basic and diluted earnings per share:
 
 
 
 
 
 
 
Weighted-average shares outstanding
267.5

 
271.7

 
268.2

 
275.3

Share-based payment awards classified as participating securities
1.3

 
1.8

 
1.4

 
1.9

Denominator for basic earnings per share
268.8

 
273.5

 
269.6

 
277.2

Dilutive securities (1)
2.2

 
2.9

 
2.2

 
2.7

Denominator for diluted earnings per share
271.0

 
276.4

 
271.8

 
279.9

Basic earnings per share:
 
 
 
 
 
 
 
Income from continuing operations
$
0.50

 
$
0.45

 
$
1.26

 
$
1.17

Income (loss) from discontinued operations
$
—

 
$
—

 
$
(0.01
)
 
$
0.01

Net income
$
0.50

 
$
0.45

 
$
1.25

 
$
1.18

Diluted earnings per share:
 
 
 
 
 
 
 
Income from continuing operations
$
0.49

 
$
0.44

 
$
1.25

 
$
1.16

Income (loss) from discontinued operations
$
—

 
$
—

 
$
(0.01
)
 
$
0.01

Net income
$
0.50

 
$
0.44

 
$
1.24

 
$
1.16


(1)
Dilutive securities include “in the money” options, non-participating restricted stock units and performance stock units. The weighted-average shares outstanding exclude the effect of 0.3 million stock options for the nine months ended September 30, 2014, because such options were anti-dilutive. The weighted-average shares outstanding for the nine months ended September 30, 2015 exclude the weighted average effect of 0.2 million performance stock units outstanding because the securities were anti-dilutive.