Net Earnings Per Share

9 Months Ended

Sep. 30, 2019

(8) Net Earnings Per Share

The calculations of net earnings per share – basic and net earnings per share – diluted were as follows:

	3 Months Ended				9 Months Ended
	September 30,				September 30,
	2019		2018		2019		2018
Net earnings available to common shareholders	$	146.1	$	158.0	$	326.9	$	398.4
Weighted-average common shares outstanding (in millions)
Weighted-average common shares outstanding - basic		59.9		64.5		60.2		65.6
Effect of dilutive securities - stock options		0.1		0.1		0.1		0.1
Effect of other share-based awards		0.3		0.4		0.3		0.4
Weighted-average common shares outstanding - diluted		60.3		65.0		60.6		66.1
Net earnings per share - basic	$	2.44	$	2.45	$	5.43	$	6.08
Net earnings per share - diluted	$	2.42	$	2.43	$	5.40	$	6.03

There were 0.4 million and 0.3 million share-based awards excluded from the calculation of net earnings per share – diluted for the three months ended September 30, 2019 and 2018, respectively, and for the nine months ended September 30, 2019 and 2018, respectively, because their impact was anti-dilutive.