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EARNINGS PER SHARE | 12 Months Ended
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Dec. 31, 2022
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | 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 data |  | 2022 |  | 2021 |  | 2020
Numerator |  |  |  |  |  |
Net income attributable to Wabtec shareholders |  | $ | 633 |  |  | $ | 558 |  |  | $ | 414 |
Denominator |  |  |  |  |  |
Weighted average shares outstanding - basic |  | 182.2 |  |  | 187.7 |  |  | 189.9 |
Effect of dilutive securities: |  |  |  |  |  |
Assumed conversion of dilutive stock-based compensation plans |  | 0.6 |  |  | 0.4 |  |  | 0.5 |
Weighted average shares outstanding - diluted |  | 182.8 |  |  | 188.1 |  |  | 190.4 |
Net income attributable to Wabtec shareholders per common share |  |  |  |  |  |
Basic |  | $ | 3.46 |  |  | $ | 2.96 |  |  | $ | 2.18 |
Diluted |  | $ | 3.46 |  |  | $ | 2.96 |  |  | $ | 2.17 |
Approximately 0.4 million outstanding shares of Common Stock for the year ended December 31, 2020 was not included in the computation of year-to-date diluted earnings per share because their exercise price exceeded the average market price of the Company's common stock.

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