Net Income Per Share (Tables)

9 Months Ended

Sep. 27, 2014

Net Income Per Share

Net income per common share was computed as follows:

		Three Months Ended						Nine Months Ended
(In millions, except per share amounts)		September 27, 2014			September 28, 2013			September 27, 2014			September 28, 2013
(A)	Income from continuing operations	$	65.0		$	62.0		$	181.0		$	199.6
(B)	Loss from discontinued operations, net of tax	(.7		)	(15.5		)	(3.0		)	(26.5		)
(C)	Net income available to common shareholders	$	64.3		$	46.5		$	178.0		$	173.1
(D)	Weighted-average number of common shares outstanding	93.3			97.9			94.7			99.1
	Dilutive shares (additional common shares issuable under stock-based awards)	1.9			1.7			1.9			1.6
(E)	Weighted-average number of common shares outstanding, assuming dilution	95.2			99.6			96.6			100.7
Net income (loss) per common share:
	Continuing operations (A) ÷ (D)	$	.70		$	.63		$	1.91		$	2.01
	Discontinued operations (B) ÷ (D)	(.01		)	(.16		)	(.03		)	(.26		)
Net income per common share (C) ÷ (D)		$	.69		$	.47		$	1.88		$	1.75
Net income (loss) per common share, assuming dilution:
	Continuing operations (A) ÷ (E)	$	.68		$	.62		$	1.87		$	1.98
	Discontinued operations (B) ÷ (E)	–			(.15		)	(.03		)	(.26		)
Net income per common share, assuming dilution (C) ÷ (E)		$	.68		$	.47		$	1.84		$	1.72