Earnings Per Share (Tables)

3 Months Ended

Apr. 02, 2016

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 2, 2016 and April 4, 2015:

	Year-to-Date
	2016		2015
Numerator (in millions):
Net earnings from continuing operations attributable to common shareowners	$	189.4	$	166.8
Net loss from discontinued operations	—		(4.5		)
Net Earnings Attributable to Common Shareowners	$	189.4	$	162.3

	Year-to-Date
	2016		2015
Denominator (in thousands):
Basic earnings per share — weighted-average shares	145,870		152,172
Dilutive effect of stock options, awards and other equity arrangements	1,749		4,365
Diluted earnings per share — weighted-average shares	147,619		156,537
Earnings (loss) per share of common stock:
Basic earnings (loss) per share of common stock:
Continuing operations	$	1.30	$	1.10
Discontinued operations	—		(0.03		)
Total basic earnings per share of common stock	$	1.30	$	1.07
Diluted earnings (loss) per share of common stock:
Continuing operations	$	1.28	$	1.07
Discontinued operations	—		(0.03		)
Total dilutive earnings per share of common stock	$	1.28	$	1.04

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
	2016	2015
Number of stock options	1,590	975