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Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

v3.19.2
EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract] Ìý
Earnings Per Share Computation
The following table summarizes the computation of basic and diluted earnings per share:
Ìý
(In Millions, Except Per Share Amounts)
Ìý
Three Months Ended
June 30,
Ìý
Six Months Ended
June 30,
Ìý
2019
Ìý
2018
Ìý
2019
Ìý
2018
Income from continuing operations
$
161.4

Ìý
$
229.4

Ìý
$
139.3

Ìý
$
216.0

Loss from discontinued operations, net of tax
(0.6
)
Ìý
(64.3
)
Ìý
(0.6
)
Ìý
(135.2
)
Net income
$
160.8

Ìý
$
165.1

Ìý
$
138.7

Ìý
$
80.8

Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Weighted average number of shares:
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Basic
275.8

Ìý
297.6

Ìý
282.6

Ìý
297.4

$316.25 million 1.50% 2025 Convertible Senior Notes
6.7

Ìý
—

Ìý
6.9

Ìý
—

Employee stock plans
3.0

Ìý
3.7

Ìý
4.1

Ìý
3.7

Diluted
285.5

Ìý
301.3

Ìý
293.6

Ìý
301.1

Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Earnings (loss) per common share - basic:
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Continuing operations
$
0.59

Ìý
$
0.77

Ìý
$
0.49

Ìý
$
0.73

Discontinued operations
—

Ìý
(0.22
)
Ìý
—

Ìý
(0.46
)
Ìý
$
0.59

Ìý
$
0.55

Ìý
$
0.49

Ìý
$
0.27

Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Earnings (loss) per common share - diluted:
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Continuing operations
$
0.57

Ìý
$
0.76

Ìý
$
0.47

Ìý
$
0.72

Discontinued operations
—

Ìý
(0.21
)
Ìý
—

Ìý
(0.45
)
Ìý
$
0.57

Ìý
$
0.55

Ìý
$
0.47

Ìý
$
0.27