XML 43 R31.htm IDEA: XBRL DOCUMENT v3.10.0.1
Net Earnings Per Share (Tables)
6 Months Ended
Jun. 29, 2018
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share
Information related to the calculation of net earnings per share of common stock is summarized as follows ($ and shares in millions, except per share amounts):
 
Three Months Ended
 
Six Months Ended
 
June 29, 2018
 
June 30, 2017
 
June 29, 2018
 
June 30, 2017
Numerator
 
 
 
 
 
 
 
Net earnings
$
295.0

 
$
240.1

 
$
556.2

 
$
439.8

Mandatory convertible preferred stock cumulative dividends
(0.2
)
 

 
(0.2
)
 

Net earnings attributable to common stockholders
$
294.8

 
$
240.1

 
$
556.0

 
$
439.8

 
 
 
 
 
 
 
 
Denominator
 
 
 
 
 
 
 
Weighted average common shares outstanding used in basic earnings per share
349.2

 
347.2

 
348.9

 
347.1

Incremental common shares from:
 
 
 
 
 
 
 
Assumed exercise of dilutive options and vesting of dilutive Stock Awards
5.6

 
5.0

 
5.7

 
4.7

Assumed conversion of outstanding mandatory convertible preferred stock
0.2

 

 
0.1

 

Weighted average common shares outstanding used in diluted earnings per share
355.0

 
352.2

 
354.7

 
351.8

 
 
 
 
 
 
 
 
Net earnings per common share - Basic
$
0.84

 
$
0.69

 
$
1.59

 
$
1.27

Net earnings per share - Diluted
$
0.83

 
$
0.68

 
$
1.57

 
$
1.25


Dividends Declared [Table Text Block]
We declared and paid cash dividends per share during the periods presented as follows:
 
Dividend Per
Common Share
 
Amount
($ in millions)
2018:
 
 
 
First quarter
$
0.07

 
$
24.3

Second quarter
0.07

 
24.4

Total
$
0.14

 
$
48.7

 
 
 
 
2017:
 
 
 
First quarter
$
0.07

 
$
24.3

Second quarter
0.07

 
24.3

Total
$
0.14

 
$
48.6