Earnings Per Share Attributable to Cardinal Health, Inc.

12 Months Ended

Jun. 30, 2021

Earnings Per Share [Abstract]

Earnings Per Share Attributable to Cardinal Health, Inc.

12. Earnings/(Loss) Per Share Attributable to Cardinal Health, Inc.

The following table reconciles the computation of basic and diluted earnings per share attributable to Cardinal Health, Inc.:

(in millions, except per share amounts)	2021		2020		2019
Net earnings/(loss)	$	612	$	(3,693)	$	1,365
Net earnings attributable to noncontrolling interest	(1)		(3)		(2)
Net earnings/(loss) attributable to Cardinal Health, Inc.	$	611	$	(3,696)	$	1,363
Weighted-average common shares–basic	292		293		300
Effect of dilutive securities:
Employee stock options, restricted share units, and performance share units	2		—		1
Weighted-average common shares–diluted	294		293		301
Basic earnings/(loss) per common share attributable to Cardinal Health, Inc.:	$	2.09	$	(12.61)	$	4.55
Diluted earnings/(loss) per common share attributable to Cardinal Health, Inc.:	2.08		(12.61)		4.53

The potentially dilutive employee stock options, restricted share units and performance share units that were anti-dilutive for fiscal 2021, 2020 and 2019 were 3 million, 6 million and 7 million, respectively. During fiscal 2020, there were 2 million potentially dilutive employee stock options, restricted share units and performance share units not included in the computation of diluted loss per common share attributable to Cardinal Health, Inc. because their effect would be anti-dilutive as a result of the net loss for the fiscal year.