Earnings Per Share

12 Months Ended

Sep. 30, 2016

EARNINGS PER SHARE

The following table sets forth the numerators and denominators used in the computation of basic and diluted earnings per share. Stock options to purchase 7.3 million and 8.5 million shares of common stock were excluded from the computation of diluted earnings per share for fiscal 2015 and 2014, respectively, because their effect would have been antidilutive.



	Year Ended September 30,
	2016		2015		2014
	(In millions)
Numerator:
Net income	$	886.3	$	750.7	$	533.5
Effect of dilutive securities:
Interest and amortization of issuance costs associated with convertible senior notes, net of tax	—		—		16.5
Numerator for diluted earnings per share after assumed conversions	$	886.3	$	750.7	$	550.0
Denominator:
Denominator for basic earnings per share — weighted average common shares	371.0		366.3		340.5
Effect of dilutive securities:
Employee stock awards	4.1		3.5		3.1
Convertible senior notes	—		—		23.0
Denominator for diluted earnings per share — adjusted weighted average common shares	375.1		369.8		366.6

Basic net income per common share	$	2.39	$	2.05	$	1.57
Net income per common share assuming dilution	$	2.36	$	2.03	$	1.50