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Earnings per Share (Tables)
9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Reconciliation of information used in computing basic and diluted earnings per share
The following table sets forth a reconciliation of the information used in computing basic and diluted earnings per share:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2014
 
2013
 
2014
 
2013
Earnings from continuing operations
$
232,825

 
$
226,235

 
$
626,592

 
$
651,506

(Loss) earnings from discontinued operations, net
(981
)
 
42,879

 
(20,651
)
 
157,660

Net earnings
$
231,844

 
$
269,114

 
$
605,941

 
$
809,166

 
 
 
 
 
 
 
 
Basic earnings (loss) per common share:
 

 
 

 
 
 
 
Earnings from continuing operations
$
1.40

 
$
1.33

 
$
3.74

 
$
3.79

(Loss) earnings from discontinued operations, net
$
(0.01
)
 
$
0.25

 
$
(0.12
)
 
$
0.92

Net earnings
$
1.40

 
$
1.58

 
$
3.62

 
$
4.71

 
 
 
 
 
 
 
 
Weighted average shares outstanding
166,021,000

 
170,544,000

 
167,401,000

 
171,690,000

 
 
 
 
 
 
 
 
Diluted earnings (loss) per common share:
 

 
 

 
 
 
 
Earnings from continuing operations
$
1.38

 
$
1.31

 
$
3.69

 
$
3.75

(Loss) earnings from discontinued operations, net
$
(0.01
)
 
$
0.25

 
$
(0.12
)
 
$
0.91

Net earnings
$
1.38

 
$
1.56

 
$
3.57

 
$
4.65

 
 
 
 
 
 
 
 
Weighted average shares outstanding
168,343,000

 
172,734,000

 
169,761,000

 
173,870,000

Reconciliation of share amounts used in computing earnings per share
The following table is a reconciliation of the share amounts used in computing earnings per share:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2014
 
2013
 
2014
 
2013
Weighted average shares outstanding - Basic
166,021,000

 
170,544,000

 
167,401,000

 
171,690,000

Dilutive effect of assumed exercise of employee stock options and SARs and vesting of performance shares
2,322,000

 
2,190,000

 
2,360,000

 
2,180,000

Weighted average shares outstanding - Diluted
168,343,000

 
172,734,000

 
169,761,000

 
173,870,000