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Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2020

12. Earnings Per Share

Computation of basic and diluted earnings per share

The following table reconciles the computation of basic and diluted earnings per share:
For the		Year ended December 31
millions of Canadian dollars (except per share amounts)		2020		2019
Numerator
Net income attributable to common shareholders	$	937.6	$	662.8
Diluted numerator		937.6		662.8
Denominator
Weighted average shares of common stock outstanding		246.5		238.5
Weighted average deferred share units outstanding		1.3		1.4
Weighted average shares of common stock outstanding – basic		247.8		239.9
Stock-based compensation		0.4		0.6
Weighted average shares of common stock outstanding – diluted		248.2		240.5
Earnings per common share
Basic	$	3.78	$	2.76
Diluted	$	3.78	$	2.76

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- References

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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