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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Schedule of earnings per share
 
Three-Month Periods Ended June 30,
 
Six-Month Periods Ended June 30,
(Amounts in millions, except per share)
2016
 
2015
 
2016
 
2015
Net income
$
598.2

 
$
356.2

 
$
1,398.9

 
$
1,075.1

Weighted-average shares:
 
 
 
 
 
 
 
Basic
775.6

 
793.0

 
778.1

 
796.0

Effect of dilutive securities:
 
 
 
 
 
 
 
Options, restricted stock units, performance-based restricted stock units and other
25.9

 
32.3

 
26.6

 
33.7

Diluted
801.5

 
825.3

 
804.7

 
829.7

Net income per share:
 
 
 
 
 
 
 
Basic
$
0.77

 
$
0.45

 
$
1.80

 
$
1.35

Diluted
$
0.75

 
$
0.43

 
$
1.74

 
$
1.30

Gains from premium put options
During the three-month and six-month periods ended June 30, 2016 and 2015, we recorded gains from put option activity on our Consolidated Statements of Income in Other income (expense), net as follows:
 
Three-Month Periods Ended June 30,
 
Six-Month Periods Ended June 30,
 
2016
 
2015
 
2016
 
2015
Gain from sale of put options
$
3.2

 
$
5.0

 
$
7.6

 
$
8.9

The following table summarizes the effect of derivative instruments not designated as hedging instruments on the Consolidated Statements of Income for the three- and six-month periods ended June 30, 2016 and 2015:
 
 
 
 
 
Amount of Gain (Loss) Recognized in
Income on Derivative
 
 
Location of Gain (Loss) Recognized in Income on Derivative
 
Three-Month Periods Ended June 30,
 
Six-Month Periods Ended June 30,
Instrument
 
 
2016
 
2015
 
2016
 
2015
Foreign exchange contracts
 
Other income (expense), net
 
$
0.3

 
$
(19.6
)
 
$
(27.2
)
 
$
54.9

Put options on our common stock
 
Other income (expense), net
 
$
3.2

 
$
5.0

 
$
7.6

 
$
8.9