Earnings per Common Share (Tables)

9 Months Ended

Sep. 30, 2019

Earnings Per Share [Abstract]

Calculation of basic and diluted weighted-average shares outstanding

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

	Three Months Ended   September 30,		Nine Months Ended   September 30,
(In thousands)	2019	2018	2019	2018
Weighted-average shares - basic	412,456	440,772	419,199	450,445
Dilution effect of stock awards at end of period	2,006	2,338	1,902	1,868
Weighted-average shares - diluted	414,462	443,110	421,101	452,313

Calculation of weighted-average shares excluded from diluted EPS due to the anti-dilutive effect

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

	Three Months Ended   September 30,		Nine Months Ended   September 30,
(In thousands)	2019	2018	2019	2018
Weighted-average stock awards excluded from diluted EPS due to the anti-dilutive effect calculated using the treasury stock method	484	1	633	1