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EARNINGS PER SHARE (Tables)
 12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Computation of Earnings Per Share
The computation of earnings per share from operations is as follows:
For the Year Ended
December 31,
In millions, except per share data202020192018
Numerator
Numerator for basic and diluted earnings per common share - net income attributable to Wabtec shareholders$414.4 $326.7 $294.9 
Less: dividends declared - common shares and non-vested restricted stock(92.5)(80.3)(46.3)
Undistributed earnings321.9 246.4 248.6 
Percentage allocated to common shareholders (1)99.7 %99.7 %99.7 %
320.9 245.7 247.9 
Add: dividends declared - common shares92.3 80.0 46.3 
Less: dividends declared - preferred shares— (0.4)— 
Numerator for basic earnings per common share$413.2 $325.3 $294.2 
Add: dividends declared - preferred shares— 0.4 — 
Numerator for diluted earnings per common share$413.2 $325.3 $294.2 
Denominator
Denominator for basic earnings per common share - weighted average shares189.9 170.5 96.0 
Effect of dilutive securities:
Assumed conversion of preferred shares— 6.4 — 
Assumed conversion of dilutive stock-based compensation plans0.5 0.4 0.5 
Denominator for diluted earnings per common share - adjusted weighted average shares and assumed conversion190.4 177.3 96.5 
Net income per common share attributable to Wabtec shareholders
Basic$2.18 $1.91 $3.06 
Diluted$2.17 $1.84 $3.05 
(1) Basic weighted-average common shares outstanding189.9 170.5 96.0 
Basic weighted-average common shares outstanding and non-vested restricted stock expected to vest190.4 171.0 96.3 
Percentage allocated to common shareholders99.7 %99.7 %99.7 %