EARNINGS ATTRIBUTABLE TO ECOLAB PER COMMON SHARE ("EPS")

6 Months Ended

Jun. 30, 2020

EARNINGS ATTRIBUTABLE TO ECOLAB PER COMMON SHARE ("EPS")

EARNINGS ATTRIBUTABLE TO ECOLAB PER COMMON SHARE ("EPS")

12. EARNINGS ATTRIBUTABLE TO ECOLAB PER COMMON SHARE (“EPS”)

The difference in the weighted average common shares outstanding for calculating basic and diluted EPS is a result of the dilution associated with the Company’s equity compensation plans. As noted in the table below, certain stock options and units outstanding under these equity compensation plans were not included in the computation of diluted EPS because they would not have had a dilutive effect.

The computations of the basic and diluted EPS amounts were as follows:

	Second Quarter Ended				Six Months Ended
	June 30				June 30
(millions, except per share)	2020		2019		2020		2019
Net income from continuing operations attributable to Ecolab		$128.9		$343.4		$420.9		$595.0
Net (loss) income from discontinued operations		(2,163.9)		25.2		(2,172.5)		70.1
Net (loss) income attributable to Ecolab		$(2,035.0)		$368.6		$(1,751.6)		$665.1
Weighted-average common shares outstanding
Basic		288.2		287.6		288.5		287.9
Effect of dilutive stock options and units		3.3		4.4		3.5		4.3
Diluted		291.5		292.1		292.0		292.2
Earnings (loss) attributable to Ecolab per common share
Basic EPS
Continuing operations		$ 0.45		$ 1.19		$ 1.46		$ 2.07
Discontinued operations		$ (7.51)		$ 0.09		$ (7.53)		$ 0.24
Earnings (loss) attributable to Ecolab		$ (7.06)		$ 1.28		$ (6.07)		$ 2.31
Diluted EPS
Continuing operations		$ 0.44		$ 1.18		$ 1.44		$ 2.04
Discontinued operations		$ (7.42)		$ 0.08		$ (7.44)		$ 0.24
Earnings (loss) attributable to Ecolab		$ (6.98)		$ 1.26		$ (6.00)		$ 2.28
Anti-dilutive securities excluded from the computation of diluted EPS		1.0		0.3		1.0		1.5
Amounts do not necessarily sum due to rounding.