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NOTE 18 - EARNINGS PER SHARE
The following table summarizes the computation of basic and diluted earnings per share:
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Ìý |
(In Millions, Except Per Share Amounts) |
Ìý |
Three Months Ended
September 30, |
Ìý |
Nine Months Ended
September 30, |
Ìý |
2019 |
Ìý |
2018 |
Ìý |
2019 |
Ìý |
2018 |
Income from continuing operations |
$ |
91.8 |
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Ìý |
$ |
199.8 |
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Ìý |
$ |
231.1 |
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Ìý |
$ |
415.8 |
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Income (loss) from discontinued operations, net of tax |
(0.9 |
) |
Ìý |
238.0 |
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Ìý |
(1.5 |
) |
Ìý |
102.8 |
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Net income |
$ |
90.9 |
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Ìý |
$ |
437.8 |
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Ìý |
$ |
229.6 |
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Ìý |
$ |
518.6 |
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Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Weighted average number of shares: |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Basic |
270.0 |
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Ìý |
297.9 |
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Ìý |
278.4 |
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Ìý |
297.6 |
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Convertible senior notes |
3.7 |
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Ìý |
8.0 |
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Ìý |
5.8 |
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Ìý |
1.9 |
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Employee stock plans |
2.9 |
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Ìý |
4.3 |
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Ìý |
3.6 |
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Ìý |
4.0 |
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Diluted |
276.6 |
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Ìý |
310.2 |
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Ìý |
287.8 |
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Ìý |
303.5 |
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Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Earnings (loss) per common share - basic: |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Continuing operations |
$ |
0.34 |
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Ìý |
$ |
0.67 |
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Ìý |
$ |
0.83 |
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Ìý |
$ |
1.40 |
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Discontinued operations |
— |
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Ìý |
0.80 |
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Ìý |
(0.01 |
) |
Ìý |
0.35 |
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Ìý |
$ |
0.34 |
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Ìý |
$ |
1.47 |
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Ìý |
$ |
0.82 |
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Ìý |
$ |
1.75 |
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Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Earnings (loss) per common share - diluted: |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Continuing operations |
$ |
0.33 |
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Ìý |
$ |
0.64 |
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Ìý |
$ |
0.80 |
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Ìý |
$ |
1.37 |
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Discontinued operations |
— |
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Ìý |
0.77 |
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Ìý |
— |
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Ìý |
0.34 |
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Ìý |
$ |
0.33 |
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Ìý |
$ |
1.41 |
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Ìý |
$ |
0.80 |
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Ìý |
$ |
1.71 |
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