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Earnings Per Share (Tables)
 6 Months Ended
Jul. 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 and six months ended July 4, 2015 and June 28, 2014:
 
 
Second Quarter
 
Year-to-Date
 
2015
 
2014
 
2015
 
2014
Numerator (in millions):
 
 
 
 
 
 
 
Net earnings from continuing operations attributable to common shareowners
$
235.7

 
$
221.8

 
$
402.5

 
$
391.5

Net loss from discontinued operations
(8.5
)
 
(5.3
)
 
(13.0
)
 
(13.1
)
Net earnings attributable to common shareowners
$
227.2

 
$
216.5

 
$
389.5

 
$
378.4


 
Second Quarter
 
Year-to-Date
 
2015
 
2014
 
2015
 
2014
Denominator (in thousands):
 
 
 
 
 
 
 
Basic earnings per share — weighted average shares
148,059

 
156,316

 
150,339

 
156,097

Dilutive effect of stock options, awards and convertible preferred units
4,604

 
3,350

 
4,542

 
3,257

Diluted earnings per share — weighted average shares
152,663

 
159,666

 
154,881

 
159,354

Earnings (loss) per share of common stock:
 
 
 
 
 
 
 
Basic earnings (loss) per share of common stock:
 
 
 
 
 
 
 
Continuing operations
$
1.59

 
$
1.42

 
$
2.68

 
$
2.51

Discontinued operations
(0.06
)
 
(0.03
)
 
(0.09
)
 
(0.08
)
Total basic earnings per share of common stock
$
1.53

 
$
1.38

 
$
2.59

 
$
2.42

Diluted earnings (loss) per share of common stock:
 
 
 
 
 
 
 
Continuing operations
$
1.54

 
$
1.39

 
$
2.60

 
$
2.46

Discontinued operations
(0.06
)
 
(0.03
)
 
(0.08
)
 
(0.08
)
Total dilutive earnings per share of common stock
$
1.49

 
$
1.36

 
$
2.51

 
$
2.37
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
 
2015
 
2014
 
2015
 
2014
Number of stock options
642

 
944

 
808

 
949