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Capital Stock and Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Schedule of Cash Dividends per Common Share
We declared and paid cash dividends per common share during the periods presented as follows:
 
Dividend Per
Common Share
 
Amount
($ in millions)
2019:
 
 
 
First quarter
$
0.07

 
$
23.4

Second quarter
0.07

 
23.4

Third quarter
0.07

 
23.5

Fourth quarter
0.07

 
23.5

Total
$
0.28

 
$
93.8

 
 
 
 
2018:
 
 
 
First quarter
$
0.07

 
$
24.3

Second quarter
0.07

 
24.4

Third quarter
0.07

 
24.5

Fourth quarter
0.07

 
23.4

Total
$
0.28

 
$
96.6

 
 
 
 
The sum of the components of total dividends paid may not equal the total amount due to rounding.

We declared and paid cash dividends on our MCPS during the periods presented as follows:
 
Dividend Per
Preferred Share
 
Amount
($ in millions)
2019:
 
 
 
First quarter
$
12.50

 
$
17.3

Second quarter
12.50

 
17.2

Third quarter
12.50

 
17.3

Fourth quarter
12.50

 
17.2

Total
$
50.00

 
$
69.0

 
 
 
 
2018:
 
 
 
Third quarter
$
12.78

 
$
17.6

Fourth quarter
12.50

 
17.3

Total
$
25.28

 
$
34.9

 
 
 
 

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)
 
Year Ended December 31,
 
2019
 
2018
 
2017
Numerator
 
 
 
 
 
Net earnings from continuing operations
$
725.4

 
$
918.3

 
$
884.3

Mandatory convertible preferred stock cumulative dividends
(69.0
)
 
(34.9
)
 

Net earnings attributable to common stockholders from continuing operations
$
656.4

 
$
883.4

 
$
884.3

 
 
 
 
 
 
Denominator
 
 
 
 
 
Weighted average common shares outstanding used in basic earnings per share
335.8

 
345.5

 
347.5

Incremental common shares from:
 
 
 
 
 
Assumed exercise of dilutive options and vesting of dilutive Stock Awards
4.2

 
5.2

 
5.1

Weighted average common shares outstanding used in diluted earnings per share
340.0

 
350.7

 
352.6

 
 
 
 
 
 
Net earnings from continuing operations per common share - Basic
$
1.95

 
$
2.56

 
$
2.54

Net earnings from continuing operations per common share - Diluted
$
1.93

 
$
2.52

 
$
2.51