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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Schedule of Computations of Weighted Average Shares Outstanding

The computations of the weighted average shares outstanding for the periods indicated are as follows (in millions):

 

     Three months ended
June 30,
     Six months ended
June 30,
 
     2018      2017      2018      2017  

Weighted-average shares outstanding

     485.8        483.3        485.6        483.0  

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

     0.4        1.0        0.5        1.2  
  

 

 

    

 

 

    

 

 

    

 

 

 

Basic weighted-average shares outstanding

     486.2        484.3        486.1        484.2  

Dilutive securities (2)

     —          1.6        —          1.6  
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted weighted-average shares outstanding

     486.2        485.9        486.1        485.8  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(1)

For the three months ended June 30, 2018 and 2017 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)

The three and six months ended June 30, 2018 excludes 0.8 million and 0.9 million potentially dilutive share-based awards as their effect would be anti-dilutive.