Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2012

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 March 31, 2012 and April 2, 2011:

	2012		2011
Numerator (in millions):
Net earnings from continuing operations attributable to common shareowners	$	121.8	$	157.4
Net earnings from discontinued operations		—		1.3
Net earnings attributable to common shareowners	$	121.8	$	158.7
Less earnings attributable to participating restricted stock units (“RSU’s”) (a)		—		0.4
Net Earnings — basic	$	121.8	$	158.3
Net Earnings — dilutive	$	121.8	$	158.7

(a) Due to the delivery of a significant portion of the outstanding participating RSU’s in 2011, the earnings attributable to any remaining participating RSU’s in 2012 is deemed de minimus.

	2012		2011
Denominator (in thousands):
Basic earnings per share — weighted-average shares		164,530		167,259
Dilutive effect of stock options, awards and convertible preferred units and notes		4,418		4,686
Diluted earnings per share — weighted-average shares		168,948		171,945
Earnings per share of common stock:
Basic earnings per share of common stock:
Continuing operations	$	0.74	$	0.94
Discontinued operations		—		0.01
Total basic earnings per share of common stock	$	0.74	$	0.95
Diluted earnings per share of common stock:
Continuing operations	$	0.72	$	0.92
Discontinued operations		—		0.01
Total dilutive earnings per share of common stock	$	0.72	$	0.92

Weighted-Average Stock Options and Warrants Outstanding Not included in Computation of Diluted Shares Outstanding

The following weighted-average stock options and warrants were outstanding during the three months ended March 31, 2012 and April 2, 2011, respectively, but were not included in the computation of diluted shares outstanding because the effect would be anti-dilutive (in thousands):

	2012		2011
Number of stock options		1,686		1,512
Number of stock warrants		4,939		4,939