Net Earnings Per Share

6 Months Ended

Jun. 30, 2016

The calculations of net earnings per share – basic and net earnings per share – diluted were as follows:



	3 Months Ended				6 Months Ended
	June 30,				June 30,
	2016		2015		2016		2015
Net earnings available to common shareholders	$	115.4	$	105.7	$	187.1	$	171.4

Weighted-average common shares outstanding (in millions)
Weighted-average common shares outstanding - basic	71.6		78.3		72.2		78.5
Effect of dilutive securities - stock options	0.3		0.6		0.3		0.6
Effect of other share-based awards	0.4		0.4		0.4		0.4
Weighted-average common shares outstanding - diluted	72.3		79.3		72.9		79.5

Net earnings per share - basic	$	1.61	$	1.35	$	2.59	$	2.18
Net earnings per share - diluted	$	1.60	$	1.33	$	2.57	$	2.16

There were 0.4 million and 0.3 million share-based awards excluded from the calculation of net earnings per share – diluted for the three months ended June 30, 2016 and 2015, respectively, and the calculation of net earnings per share – diluted for the six months ended June 30, 2016 and 2015, respectively, as the exercise price for these awards was greater than the average market price of the common shares during the period.