Net Earnings Per Share

12 Months Ended

Dec. 31, 2013

Net Earnings Per Share [Abstract]

Net Earnings Per Share

04.
Net Earnings Per Share

The calculation of net earnings per share — basic was as follows:

Year Ended December 31		2013		2012		2011
Net earnings available to common shareholders	$	288.0	$	197.6	$	251.6
Weighted-average common shares outstanding (in millions)		78.0		79.5		81.6
Net earnings per share — basic	$	3.69	$	2.49	$	3.08

The calculation of net earnings per share — diluted was as follows:

Year Ended December 31		2013		2012		2011
Net earnings available to common shareholders	$	288.0	$	197.6	$	251.6
Weighted-average common shares outstanding (in millions)		78.0		79.5		81.6
Effect of dilutive securities — stock options (in millions)		0.8		0.3		0.7
Effect of other share-based awards (in millions)		0.8		0.3		0.5
		79.6		80.1		82.8
Net earnings per share — diluted	$	3.62	$	2.47	$	3.04

There were certain share-based awards excluded from the calculation of net earnings per share — diluted for the year ended December 31, 2013, 2012 and 2011, respectively, as the exercise prices for these awards were greater than the average market price of the common shares during the period. The number, exercise prices and weighted-average remaining life of these antidilutive awards were as follows:

		2013		2012		2011
Shares (in thousands)		995		4,257		3,074
Exercise price ranges	$	67–$93	$	40–$93	$	52–$93
Weighted-average remaining life		5.2 years		4.8 years		6.3 years