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Net Earnings Per Share
12 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Net Earnings Per Share
Net Earnings Per Share

The calculation of net earnings per share - basic and net earnings per share - diluted were as follows:
Year Ended December 31
2018

2017

2016

Net earnings available to common shareholders:

$556.7


$545.4


$443.7

Weighted-average common shares outstanding (in millions):
 
 
 
 Weighted-average common shares outstanding - basic
64.6

67.1

70.1

Effect of dilutive securities - stock options
0.1

0.2

0.2

Effect of other share-based awards
0.4

0.6

0.5

 Weighted-average common shares outstanding - diluted
65.1

67.9

70.8

Net earnings per share - basic

$8.62


$8.13


$6.33

Net earnings per share - diluted

$8.56


$8.04


$6.27



There were certain share-based awards excluded from the calculation of net earnings per share - diluted for the year ended December 31, 2018 and 2016, because the their impact was anti-dilutive. No share-based awards were excluded from the calculation for the year ended December 31, 2017. The number, exercise prices and weighted-average remaining life of these antidilutive awards were as follows:
 
2018

2017

2016

Shares (in thousands)
264


20

Exercise price
$
109

$

$
93

Weighted-average remaining life
1.2 years


0.4 years