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Earnings per share (Tables)
12 Months Ended
Dec. 31, 2017
Earnings per share [abstract]  
Schedule of components used in calculation of basic and diluted earnings per share
The following table shows the components used in the calculation of basic and diluted earnings per common share for earnings attributable to common shareholders.
FOR THE YEAR ENDED DECEMBER 31
2017

2016

Net earnings attributable to common shareholders - basic
2,786

2,894

Dividends declared per common share (in dollars)
2.87

2.73

 
 
 
 
Weighted average number of common shares outstanding (in millions)
 
 
 
Weighted average number of common shares outstanding - basic
894.3

869.1

 
Assumed exercise of stock options(1)
0.6

1.2

 
 
 
 
Weighted average number of common shares outstanding - diluted (in millions)
894.9

870.3

(1)
The calculation of the assumed exercise of stock options includes the effect of the average unrecognized future compensation cost of dilutive options. It excludes options for which the exercise price is higher than the average market value of a BCE common share. The number of excluded options was 3,031,125 in 2017 and 2,936,091 in 2016.