XML 36 R22.htm IDEA: XBRL DOCUMENT v3.8.0.1
EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Reconciliation of Basic earnings per Share to Diluted Earnings per Share
The following represents a reconciliation of basic earnings per share to diluted earnings per share:
 
Three Months Ended September 30,
 
 Nine Months Ended September 30,
 
2017
 
2016
 
2017
 
2016
 
Earnings
 
Shares
 
Per
Share
Amount
 
Earnings
 
Shares
 
Per
Share
Amount
 
Earnings
 
Shares
 
Per
Share
Amount
 
Earnings
 
Shares
 
Per
Share
Amount
Basic earnings per share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net earnings
$
180.6

 
102.2

 
$
1.77

 
$
179.5

 
102.9

 
$
1.74

 
$
561.4

 
102.4

 
$
5.48

 
$
547.7

 
102.3

 
$
5.36

Dilutive effect of employee stock options and awards

 
1.4

 
 

 

 
1.5

 
 

 

 
1.4

 
 

 

 
1.4

 
 

Effect of convertible debt

 
0.1

 
 

 

 
0.5

 
 

 

 
0.1

 
 

 

 
0.5

 
 

Diluted earnings per share:
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Net earnings including impact of dilutive adjustments
$
180.6

 
$
103.7

 
$
1.74

 
$
179.5

 
$
104.9

 
$1.71
 
$
561.4

 
$
103.9

 
$5.40
 
$
547.7

 
$
104.2

 
$
5.25

Potential common shares not included in computation of diluted earnings per share
The following table summarizes the potential common shares not included in the computation of diluted earnings per share because their impact would have been antidilutive:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2017
 
2016
 
2017
 
2016
Stock options
0.1

 

 
0.1