Earnings Per Share

12 Months Ended

Sep. 30, 2023

EARNINGS PER SHARE

The following summarizes basic and diluted EPS for the years ended September 30:


(In millions, except per share data)	2023		2022		2021
Numerator
Income from continuing operations	$	199.4	$	109.4	$	200.1
Income from discontinued operations, net of tax	1,220.3		314.9		220.2
Net income	$	1,419.7	$	424.3	$	420.3
Denominator
Weighted average common shares outstanding	161.6		179.1		182.5
Effect of potentially dilutive securities (a)	1.0		1.3		1.0
Weighted average diluted shares outstanding	162.6		180.4		183.5


Basic earnings per share
Continuing operations	$	1.24	$	0.61	$	1.10
Discontinued operations	7.55		1.76		1.20
Basic earnings per share	$	8.79	$	2.37	$	2.30

Diluted earnings per share
Continuing operations	$	1.23	$	0.61	$	1.09
Discontinued operations	7.50		1.74		1.20
Diluted earnings per share	$	8.73	$	2.35	$	2.29

(a)There were 0.2 million outstanding securities, primarily SARs, not included in the computation of diluted earnings per share in each year presented above because the effect would have been antidilutive.