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Income Per Share
 3 Months Ended
Mar. 23, 2013
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
 
March 23, 2013
 
March 24, 2012
 
Diluted
 
Basic
 
Diluted
 
Basic
Income from continuing operations, net of tax
$
118.8

 
$
118.8

 
$
81.6

 
$
81.6

Noncontrolling interests
0.1

 
0.1

 
(0.1
)
 
(0.1
)
Distributed and undistributed earnings allocated to participating securities
(1.2
)
 
(1.2
)
 
(0.7
)
 
(0.7
)
Income from continuing operations available to common stockholders
117.7

 
117.7

 
80.8

 
80.8

Loss from discontinued operations, net of tax
—

 
—

 
(8.6
)
 
(8.6
)
Net income available to common stockholders after earnings allocated to participating securities
$
117.7

 
$
117.7

 
$
72.2

 
$
72.2

 
 
 
 
 
 
 
 
Weighted average common shares outstanding
237.4

 
237.4

 
271.4

 
271.4

Common share equivalents
1.2

 
 
 
0.5

 
 
Weighted average shares outstanding
238.6

 
 
 
271.9

 
 
 


 


 


 


Earnings (loss) per common share:
 
 
 
 
 
 
 
Continuing operations
$
0.49

 
$
0.50

 
$
0.30

 
$
0.30

Discontinued operation
—

 
—

 
(0.03
)
 
(0.03
)
           Total
$
0.49

 
$
0.50

 
$
0.27

 
$
0.27


Anti-dilutive shares totaling 17.0 million and 21.7 million have been excluded from diluted weighted average shares outstanding for the 12 weeks ended March 23, 2013 and March 24, 2012, respectively.