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Earnings Per Share
12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share ("EPS")
There are no adjustments required to be made to net income for purposes of computing basic and diluted EPS. The average number of common shares outstanding is reconciled to those used in the basic and diluted EPS computations as follows:
(Millions of shares)
 
2017
 
2016
 
2015
Basic
 
353.6

 
359.4

 
363.8

Dilutive effect of stock options and restricted share unit awards
 
2.3

 
2.3

 
2.5

Diluted
 
355.9

 
361.7

 
366.3


Options outstanding that were not included in the computation of diluted EPS because their exercise price was greater than the average market price of the common shares were insignificant. The number of common shares outstanding as of December 31, 2017, 2016 and 2015 was 351.1 million, 356.6 million and 360.9 million, respectively.