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Fiscal Year | |||||
In millions, except per share amounts | 2000 | 1999 | 1998 | ||
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Numerator for earnings per common share calculation: | |||||
Net earnings | $ 746.0 | $ 635.1 | $ 384.5 | ||
Preference dividends, net of income tax benefit | (14.6) | (14.7) | (13.6) | ||
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Net earnings available to common shareholders, basic | $ 731.4 | $ 620.4 | $ 370.9 | ||
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Net earnings | $ 746.0 | $ 635.1 | $ 384.5 | ||
Effect of dilutive securities: | |||||
Dilutive earnings adjustments | (0.7) | - | (0.8) | ||
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Net earnings available to common shareholders, diluted | $ 745.3 | $ 635.1 | $ 383.7 | ||
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Denominator for earnings per common share calculation: | |||||
Weighted average common shares, basic | 391.0 | 391.3 | 387.1 | ||
Effect of dilutive securities: | |||||
Preference stock | 10.8 | 10.7 | 10.5 | ||
Stock options | 6.2 | 6.9 | 7.6 | ||
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Weighted average common shares, diluted | 408.0 | 408.9 | 405.2 | ||
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Basic earnings per common share: | |||||
Net earnings | $ 1.87 | $ 1.59 | $ 0.96 | ||
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Diluted earnings per common share: | |||||
Net earnings | $ 1.83 | $ 1.55 | $ 0.95 | ||
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