Net Income Per Share

6 Months Ended

Jun. 30, 2012

Net Income Per Share [Abstract]

Net Income Per Share

Note 12. Net Income Per Share

Net income per common share was computed as follows:

	Three Months Ended				Six Months Ended
(In millions, except per share amounts)	June 30, 2012		July 2, 2011		June 30, 2012		July 2, 2011
(A)    Income from continuing operations		$    51.3		$    53.1		$    97.6		$    90.0
(B)    Income from discontinued operations		12.9		20.2		10.5		28.1
(C)    Net income available to common shareholders		$    64.2		$    73.3		$  108.1		$  118.1
(D)    Weighted-average number of common shares outstanding		103.4		105.7		104.6		105.6
Dilutive shares (additional common shares issuable under employee stock-based awards)		.9		1.2		.7		1.2
(E)    Weighted-average number of common shares outstanding, assuming dilution		104.3		106.9		105.3		106.8
Net income per common share:
Continuing operations (A) ÷ (D)		$      .50		$      .50		$      .93		$      .85
Discontinued operations (B) ÷ (D)		.12		.19		.10		.27
Net income per common share (C) ÷ (D)		$      .62		$      .69		$    1.03		$    1.12
Net income per common share, assuming dilution:
Continuing operations (A) ÷ (E)		$      .49		$      .50		$      .93		$      .84
Discontinued operations (B) ÷ (E)		.13		.19		.10		.27
Net income per common share, assuming dilution (C) ÷ (E)		$      .62		$      .69		$    1.03		$    1.11

Certain employee stock-based awards were not included in the computation of net income per common share, assuming dilution, because they would not have had a dilutive effect. Employee stock-based awards excluded from the computation totaled approximately 11 million shares and 12 million shares for the three and six months ended June 30, 2012, respectively, and approximately 10 million shares and 11 million shares for the three and six months ended July 2, 2011, respectively.