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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Schedule of Computations of Weighted Average Shares Outstanding

The computations of the weighted average shares outstanding for the three months ended March 31, 2017 and 2016 are as follows (in millions):

 

    Three Months Ended March 31,  
    2017     2016  

Weighted-average shares outstanding

    482.8       267.7  

Share-based payment awards classified as participating securities (1)

    1.4       1.0  
 

 

 

   

 

 

 

Basic weighted-average shares outstanding

    484.2       268.7  

Dilutive securities (2)

    1.6       1.4  
 

 

 

   

 

 

 

Diluted weighted-average shares outstanding

    485.8       270.1  
 

 

 

   

 

 

 

 

(1) For the three months ended March 31, 2017 and 2016 dividends and equivalents for share-based awards that are expected to be forfeited do not have a material effect on net income for basic and diluted earnings per share.
(2) For the three months ended March 31, 2017 and 2016 the amount of potentially dilutive securities that are excluded because their effect would be anti-dilutive are not material.