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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 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 nine months ended September 30, 2017 and October 1, 2016:
 
Third Quarter
 
Year-to-Date
 
2017
 
2016
 
2017
 
2016
Numerator (in millions):
 
 
 
 
 
 
 
Net Earnings Attributable to Common Shareowners
$
274.2

 
$
248.9

 
$
944.5

 
$
709.8

 
 
 
 
 
 
 
 
Denominator (in thousands):
 
 
 
 
 
 
 
Basic earnings per share — weighted-average shares
149,689

 
145,410

 
149,464

 
145,547

Dilutive effect of stock contracts and awards
2,933

 
2,565

 
2,642

 
2,170

Diluted earnings per share — weighted-average shares
152,622

 
147,975

 
152,106

 
147,717

Earnings per share of common stock:
 
 
 
 
 
 
 
Basic
$
1.83

 
$
1.71

 
$
6.32

 
$
4.88

Diluted
$
1.80

 
$
1.68

 
$
6.21

 
$
4.81

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):
 
Third Quarter
 
Year-to-Date
 
2017
 
2016
 
2017
 
2016
Number of stock options
2

 

 
388

 
854