XML 34 R15.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Earnings Per Share
6 Months Ended
Jun. 30, 2011
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
 
NOTE 7
EARNINGS PER SHARE
 
 
The following table provides a reconciliation of the data used in the calculation of basic and diluted earnings per share computations for income from continuing operations for the three and six month periods ended June 30, 2011 and 2010.
 
                                 
    Three Months     Six Months  
For the Periods Ended June 30   2011     2010     2011     2010  
Income from continuing operations
  $ 168     $ 226     $ 294     $ 370  
                                 
Weighted average common shares outstanding
    184.1       182.3       183.8       182.0  
Add: Weighted average restricted stock awards outstanding(a)
    1.2       1.7       1.3       1.6  
                                 
Basic weighted average common shares outstanding
    185.3       184.0       185.1       183.6  
Add: Dilutive impact of stock options
    1.5       1.5       1.5       1.6  
                                 
Diluted weighted average common shares outstanding
    186.8       185.5       186.6       185.2  
Basic earnings per share from continuing operations
  $ 0.91     $ 1.23     $ 1.59     $ 2.01  
Diluted earnings per share from continuing operations
  $ 0.90     $ 1.22     $ 1.58     $ 2.00  
                                 
 
(a) Restricted stock awards containing rights to non-forfeitable dividends which participate in undistributed earnings with common shareholders are considered participating securities for purposes of computing earnings per share.
 
 
The following table provides the number of shares underlying stock options excluded from the computation of diluted earnings per share for the three and six month periods ended June 30, 2011 and 2010 because they were anti-dilutive.
 
                                 
    Three Months     Six Months  
For the Periods Ended June 30   2011     2010     2011     2010  
Anti-dilutive stock options
    1.6       2.2       1.4       2.0  
Average exercise price
  $ 56.74     $ 54.40     $ 56.55     $ 54.50