Earnings per Share (EPS)

9 Months Ended

Mar. 31, 2020

Earnings per Share (“EPS”)


	Basic		Effect of Employee Stock Option Shares	Effect of Employee Restricted Stock Shares	Diluted
Three Months Ended March 31, 2020
Net earnings	$	820.9			$	820.9
Weighted average shares (in millions)	430.0		0.9	0.9	431.8
EPS	$	1.91			$	1.90
Three Months Ended March 31, 2019
Net earnings	$	753.7			$	753.7
Weighted average shares (in millions)	434.1		1.2	1.3	436.6
EPS	$	1.74			$	1.73

Nine Months Ended March 31, 2020
Net earnings	$	2,054.9			$	2,054.9
Weighted average shares (in millions)	431.4		1.1	1.0	433.5
EPS	$	4.76			$	4.74
Nine Months Ended March 31, 2019
Net earnings	$	1,817.4			$	1,817.4
Weighted average shares (in millions)	435.5		1.3	1.3	438.1
EPS	$	4.17			$	4.15

Options to purchase 1.3 million and 0.8 million shares of common stock for the three months ended March 31, 2020 and 2019, respectively, and 1.1 million and 0.6 million shares of common stock for the nine months ended March 31, 2020 and 2019, respectively, were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive.