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Earnings per Share (Tables)
12 Months Ended
Dec. 31, 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:
 
Years Ended December 31,
 
2014
 
2013
 
2012
Earnings from continuing operations
$
778,140

 
$
797,527

 
$
650,075

(Loss) earnings from discontinued operations, net
(2,905
)
 
205,602

 
160,995

Net earnings
$
775,235


$
1,003,129

 
$
811,070

 
 
 
 
 
 
Basic earnings per common share:
 
 
 
 
 
Earnings from continuing operations
$
4.67

 
$
4.66

 
$
3.58

(Loss) earnings from discontinued operations, net
$
(0.02
)
 
$
1.20

 
$
0.89

Net earnings
$
4.65

 
$
5.86

 
$
4.47

 
 
 
 
 
 
Weighted average shares outstanding
166,692,000

 
171,271,000

 
181,551,000

 
 
 
 
 
 
Diluted earnings per common share:
 
 
 
 
 
Earnings from continuing operations
$
4.61

 
$
4.60

 
$
3.53

(Loss) earnings from discontinued operations, net
$
(0.02
)
 
$
1.18

 
$
0.88

Net earnings
$
4.59

 
$
5.78

 
$
4.41

 
 
 
 
 
 
Weighted average shares outstanding
168,842,000

 
173,547,000

 
183,993,000

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:
 
Years Ended December 31,
 
2014
 
2013
 
2012
Weighted average shares outstanding - Basic
166,692,000

 
171,271,000

 
181,551,000

Dilutive effect of assumed exercise of employee stock options and SARs and vesting of performance shares and restricted shares
2,150,000

 
2,276,000

 
2,442,000

Weighted average shares outstanding - Diluted
168,842,000

 
173,547,000

 
183,993,000