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Earnings Per Common Share
3 Months Ended
Mar. 31, 2020
Earnings Per Common Share  
Earnings Per Common Share

14. Earnings Per Common Share

The computations of the basic and diluted per share amounts were as follows:

For the three months ended

March 31, 

    

2020

    

2019

(in millions, except per share data)

Net income

$

285.0

$

452.1

Subtract:

Net income (loss) attributable to noncontrolling interest

(3.9)

22.2

Total

$

288.9

$

429.9

Weighted-average shares outstanding:

Basic

275.0

278.7

Dilutive effects:

Stock options

0.5

0.7

Restricted stock units

1.6

1.5

Performance share awards

0.1

Diluted

277.2

280.9

Net income per common share:

Basic

$

1.05

$

1.54

Diluted

$

1.04

$

1.53

The calculation of diluted earnings per share for the three months ended March 31, 2020 and 2019, excludes the incremental effect related to certain outstanding stock-based compensation grants due to their anti-dilutive effect.