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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Schedule Of Calculation Of Basic And Diluted Earnings Per Share
The calculation of basic and diluted earnings per share is shown below for the years ended December 31, (in millions, except per share data):
 
2016
 
2015
 
2014
Numerator for basic and diluted earnings per share:
 
 
 
 
 
Income from continuing operations
$
528.5

 
$
259.3

 
$
373.0

(Loss) income from discontinued operations, net of tax
(0.7
)
 
90.7

 
4.8

Net income
$
527.8

 
$
350.0

 
$
377.8

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

 
0.1

 
0.1

Net income for basic and diluted earnings per share
$
527.8

 
$
350.1

 
$
377.9

Denominator for basic and diluted earnings per share:
 
 
 
 
 
Weighted-average shares outstanding
418.3

 
267.9

 
274.2

Share-based payment awards classified as participating securities
1.5

 
1.4

 
1.9

Dilutive effect from Jarden Acquisition
1.5

 

 

Denominator for basic earnings per share
421.3

 
269.3

 
276.1

Dilutive securities (1)
1.8

 
2.2

 
2.8

Denominator for diluted earnings per share
423.1

 
271.5

 
278.9



(1)
Dilutive securities include “in the money” options, non-participating restricted stock units and performance stock units. The weighted-average shares outstanding for 2016, 2015 and 2014 exclude the effect of approximately 0.1 million, 0.2 million and 0.2 million common stock equivalents, respectively, because such securities were anti-dilutive.