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Earnings per Share ("EPS")

12 Months Ended

Dec. 31, 2022

Earnings per Share ("EPS")

Earnings per Share ("EPS")

Note 19 – Earnings per Share (“EPS”)


		2022											2021
						Shares			Per Share							Shares			Per Share
			Net income			(in millions)			Amount				Net income			(in millions)			Amount
Basic earnings per share			$	700.6		191.5			$	3.66			$	733.7		191.1			$	3.84
Effect of dilutive securities				—		0.4				(0.01)				—		0.4				(0.01)
Diluted earnings per share			$	700.6		191.9			$	3.65			$	733.7		191.5			$	3.83

For the year ended December 31, 2022, a weighted average of 134,488 stock options and 2,295 RSUs (2021 –4,700 stock options and nil RSUs) were excluded in the computation of diluted EPS due to being anti-dilutive.