Earnings Per Share (Tables)

3 Months Ended

Apr. 04, 2015

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 months ended April 4, 2015 and March 29, 2014:

	Year-to-Date
	2015			2014
Numerator (in millions):
Net earnings from continuing operations attributable to common shareowners	$	166.8		$	169.7
Net loss from discontinued operations	(4.5		)	(7.8		)
Net earnings attributable to common shareowners	$	162.3		$	161.9

	Year-to-Date
	2015			2014
Denominator (in thousands):
Basic earnings per share — weighted average shares	152,172			155,905
Dilutive effect of stock options, awards and convertible preferred units	4,365			3,046
Diluted earnings per share — weighted average shares	156,537			158,951
Earnings (loss) per share of common stock:
Basic earnings (loss) per share of common stock:
Continuing operations	$	1.10		$	1.09
Discontinued operations	(0.03		)	(0.05		)
Total basic earnings per share of common stock	$	1.07		$	1.04
Diluted earnings (loss) per share of common stock:
Continuing operations	$	1.07		$	1.07
Discontinued operations	(0.03		)	(0.05		)
Total dilutive earnings per share of common stock	$	1.04		$	1.02

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):

	Year-to-Date
	2015	2014
Number of stock options	975	955