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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2020
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings Per Share
The table below presents the computation of basic and diluted earnings per share (in millions, except for per share information):
 
Three Months Ended   
September 30,
 
Nine Months Ended   
September 30,
 
2020
 
2019
 
2020
 
2019
Basic:
 

 
 

 
 

 
 

Net income
$
325.2

 
$
274.7

 
$
513.9

 
$
766.7

Weighted-average shares outstanding
622.1

 
624.6

 
622.3

 
624.3

Basic earnings per share
$
0.52

 
$
0.44

 
$
0.83

 
$
1.23

Diluted:
 

 
 

 
 

 
 

Net income
$
325.2

 
$
274.7

 
$
513.9

 
$
766.7

Weighted-average shares outstanding
622.1

 
624.6

 
622.3

 
624.3

Dilutive effect of stock plans
8.9

 
11.7

 
6.5

 
12.0

Dilutive weighted-average shares outstanding
631.0

 
636.3

 
628.8

 
636.3

Diluted earnings per share
$
0.52

 
$
0.43

 
$
0.82

 
$
1.20