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Earnings per share | 6 Months Ended
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Jun. 30, 2020
Earnings per share [abstract] |
Earnings per share |
Note 9 | Earnings per share
The following table shows the components used in the calculation of basic and diluted net earnings per common share for earnings attributable to common shareholders.
|  | THREE MONTHS |  | SIX MONTHS |
FOR THE PERIOD ENDED JUNE 30 |  | 2020 | 2019 | 2020 | 2019
Net earnings from continuing operations attributable to common shareholders - basic |  | 233 |  | 754 |  | 908 |  | 1,485 |
Net earnings from discontinued operations attributable to common shareholders - basic |  | 4 |  | 7 |  | 9 |  | 16 |
Net earnings attributable to common shareholders - basic |  | 237 |  | 761 |  | 917 |  | 1,501 |
Dividends declared per common share (in dollars) |  | 0.8325 | 0.7925 |  | 1.6650 | 1.5850 |
Weighted average number of common shares outstanding (in millions) |  |  |  |  |
| Weighted average number of common shares outstanding - basic | 904.3 |  | 899.5 |  | 904.2 |  | 898.9 |
| Assumed exercise of stock options (1) | 0.1 |  | 0.8 |  | 0.2 |  | 0.5 |
Weighted average number of common shares outstanding - diluted (in millions) |  | 904.4 |  | 900.3 |  | 904.4 |  | 899.4 |
(1)The calculation of the assumed exercise of stock options includes the effect of the average unrecognized future compensation cost of dilutive options. It excludes options for which the exercise price is higher than the average market value of a BCE common share. The number of excluded options was 14,358,128 for the second quarter of 2020 and 9,554,587 for the first half of 2020, compared to 3,379,952 for the second quarter of 2019 and 6,349,240 for the first half of 2019.

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