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Earnings Per Share (Tables)
 3 Months Ended
Jun. 28, 2014
Reconciliation of Net Earnings Attributable to Common Shareowners and Weighted-Average Shares Outstanding used to Calculate Basic and Diluted Earnings per Share
The following table reconciles net earnings attributable to common shareowners and the weighted average shares outstanding used to calculate basic and diluted earnings per share for the three and six months ended June 28, 2014 and June 29, 2013:
 
 
Second Quarter
 
Year-to-Date
 
2014
 
2013
 
2014
 
2013
Numerator (in millions):
 
 
 
 
 
 
 
Net earnings from continuing operations attributable to common shareowners
$
218.5

 
$
197.6

 
$
385.3

 
$
282.6

Net loss from discontinued operations
(2.0
)
 
(10.5
)
 
(6.9
)
 
(14.4
)
Net earnings attributable to common shareowners
$
216.5

 
$
187.1

 
$
378.4

 
$
268.2

Less: Earnings attributable to participating restricted stock units (“RSU’s”)
—

 
(0.1
)
 
—

 
(0.2
)
Net Earnings — basic
$
216.5

 
$
187.0

 
$
378.4

 
$
268.0

Net Earnings — dilutive
$
216.5

 
$
187.1

 
$
378.4

 
$
268.2


 
Second Quarter
 
Year-to-Date
 
2014
 
2013
 
2014
 
2013
Denominator (in thousands):
 
 
 
 
 
 
 
Basic earnings per share — weighted average shares
156,316

 
155,064

 
156,097

 
155,137

Dilutive effect of stock options, awards and convertible preferred units
3,350

 
3,287

 
3,257

 
3,346

Diluted earnings per share — weighted average shares
159,666

 
158,351

 
159,354

 
158,483

Earnings per share of common stock:
 
 
 
 
 
 
 
Basic earnings (loss) per share of common stock:
 
 
 
 
 
 
 
Continuing operations
$
1.40

 
$
1.27

 
$
2.47

 
$
1.82

Discontinued operations
(0.01
)
 
(0.07
)
 
(0.04
)
 
(0.09
)
Total basic earnings per share of common stock
$
1.38

 
$
1.21

 
$
2.42

 
$
1.73

Diluted earnings (loss) per share of common stock:
 
 
 
 
 
 
 
Continuing operations
$
1.37

 
$
1.25

 
$
2.42

 
$
1.78

Discontinued operations
(0.01
)
 
(0.07
)
 
(0.04
)
 
(0.09
)
Total dilutive earnings per share of common stock
$
1.36

 
$
1.18

 
$
2.37

 
$
1.69
Weighted-Average Stock Options and Warrants Outstanding Not included in Computation of Diluted Shares Outstanding
The following weighted average stock options were not included in the computation of diluted shares outstanding because the effect would be anti-dilutive (in thousands):
 
Second Quarter
 
Year-to-Date
 
2014
 
2013
 
2014
 
2013
Number of stock options
944

 
4

 
949

 
569