Annual report pursuant to Section 13 and 15(d)

Earnings per Common Share (Tables)

v3.3.1.900
Earnings per Common Share (Tables)
 12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Basic and diluted earnings per common share
Basic and diluted earnings per common share for the years ended December 31, 2015, 2014 and 2013 were calculated as follows:
(in millions, except per share data)
2015
 
2014
 
2013
Net earnings from continuing operations
$
227.4

 
$
194.9

 
$
756.8

Net earnings from discontinued operations, net of tax
14.0

 
50.8

 
12.4

Net earnings
$
241.4

 
$
245.7

 
$
769.2

 
 
 
 
 
 
Weighted average outstanding shares – basic
93.0

 
93.6

 
91.2

Dilutive effect of common stock equivalents
1.3

 
1.5

 
2.6

Weighted average outstanding shares – diluted
94.3

 
95.1

 
93.8

 
 
 
 
 
 
Basic earnings per common share:
 
 
 
 
 
Continuing operations
$
2.45

 
$
2.08

 
$
8.30

Discontinued operations
0.15

 
0.55

 
0.13

Net earnings
$
2.60

 
$
2.63

 
$
8.43

 
 
 
 
 
 
Diluted earnings per common share:
 
 
 
 
 
Continuing operations
$
2.41

 
$
2.05

 
$
8.07

Discontinued operations
0.15

 
0.53

 
0.13

Net earnings
$
2.56

 
$
2.58

 
$
8.20