Earnings per Common Share (Tables)

3 Months Ended

Mar. 31, 2018

The following is a calculation of basic and diluted weighted-average shares outstanding:



	Three Months Ended March 31,
(In thousands)	2018	2017
Weighted-average shares - basic	459,715	465,348
Dilution effect of stock appreciation rights and stock awards at end of period	1,834	1,540
Weighted-average shares - diluted	461,549	466,888

The following is a calculation of weighted-average shares excluded from diluted EPS due to the anti-dilutive effect:

Three Months Ended
March 31,

(In thousands)

Weighted-average stock appreciation rights and stock awards excluded from diluted EPS due to the anti-dilutive effect calculated using the treasury stock method