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Income Per Share
 9 Months Ended
Sep. 08, 2012
Earnings Per Share [Abstract]  
Income Per Share
INCOME PER SHARE
The following tables provide reconciliations of net earnings and shares used in calculating income per basic common share to those used in calculating income per diluted common share (in millions, except per-share amounts):
 
12 Weeks Ended
 
September 8, 2012
 
September 10, 2011
 
Diluted
 
Basic
 
Diluted
 
Basic
Income from continuing operations, net of tax
$
108.0

 
$
108.0

 
$
130.3

 
$
130.3

Noncontrolling interests
—

 
—

 
(0.1
)
 
(0.1
)
Distributed and undistributed earnings allocated to participating securities
(1.1
)
 
(1.1
)
 
(0.9
)
 
(0.9
)
Income from continuing operations available to common stockholders
106.9

 
106.9

 
129.3

 
129.3

Gain from discontinued operations, net of tax
49.0

 
49.0

 
—

 
—

Net income available to common stockholders after earnings allocated to participating securities
$
155.9

 
$
155.9

 
$
129.3

 
$
129.3

 
 
 
 
 
 
 
 
Weighted average common shares outstanding
237.1

 
237.1

 
342.8

 
342.8

Dilutive stock options
—

 
 
 
0.2

 
 
Weighted average shares outstanding
237.1

 
 
 
343.0

 
 
 


 


 


 


Earnings per common share:
 
 
 
 
 
 
 
Continuing operations
$
0.45

 
$
0.45

 
$
0.38

 
$
0.38

Discontinued operations
0.21

 
0.21

 
—

 
—

           Total
$
0.66

 
$
0.66

 
$
0.38

 
$
0.38

Anti-dilutive shares totaling 27.9 million and 24.9 million have been excluded from diluted weighted average shares outstanding for the 12 weeks ended September 8, 2012 and September 10, 2011, respectively.
 
36 Weeks Ended
 
September 8, 2012
 
September 10, 2011
 
Diluted
 
Basic
 
Diluted
 
Basic
Income from continuing operations, net of tax
$
311.2

 
$
311.2

 
$
301.4

 
$
301.4

Noncontrolling interests
(0.3
)
 
(0.3
)
 
(0.3
)
 
(0.3
)
Distributed and undistributed earnings allocated to participating securities
(3.0
)
 
(3.0
)
 
(1.8
)
 
(1.8
)
Income from continuing operations available to common stockholders
307.9

 
307.9

 
299.3

 
299.3

Gain from discontinued operations, net of tax
41.6

 
41.6

 
—

 
—

Net income available to common stockholders after earnings allocated to participating securities
$
349.5

 
$
349.5

 
$
299.3

 
$
299.3

 
 
 
 
 
 
 
 
Weighted average common shares outstanding
249.4

 
249.4

 
353.2

 
353.2

Dilutive stock options
0.2

 
 
 
0.5

 
 
Weighted average shares outstanding
249.6

 
 
 
353.7

 
 
 
 
 
 
 
 
 
 
Earnings per common share:
 
 
 
 
 
 
 
Continuing operations
$
1.23

 
$
1.23

 
$
0.85

 
$
0.85

Discontinued operations
0.17

 
0.17

 
—

 
—

           Total
$
1.40

 
$
1.40

 
$
0.85

 
$
0.85

Anti-dilutive shares totaling 21.7 million and 24.7 million have been excluded from diluted weighted average shares outstanding for the 36 weeks ended September 8, 2012 and September 10, 2011, respectively.