Earnings Per Share (Tables)

6 Months Ended

Jul. 01, 2017

Notes To Financial Statements [Abstract]

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 1, 2017 and July 2, 2016:

	Second Quarter				Year-to-Date
	2017		2016		2017		2016
Numerator (in millions):
Net Earnings Attributable to Common Shareowners	$	277.2	$	271.5	$	670.3	$	460.9
Denominator (in thousands):
Basic earnings per share — weighted-average shares	149,514		145,135		149,353		145,583
Dilutive effect of stock contracts and awards	2,712		2,128		2,509		1,960
Diluted earnings per share — weighted-average shares	152,226		147,263		151,862		147,543
Earnings per share of common stock:
Basic	$	1.85	$	1.87	$	4.49	$	3.17
Diluted	$	1.82	$	1.84	$	4.41	$	3.12

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
	2017	2016	2017	2016
Number of stock options	—	972	582	1,281