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Earnings Per Share

6 Months Ended

Jun. 30, 2015

Earnings Per Share [Abstract]

Earnings Per Share

16. Earnings Per Share

The computations of earnings per common share were as follows:

(In millions, except per share data)		Six Months Ended June 30,								Three Months Ended June 30,
		2015				2014				2015				2014
Income from continuing operations, net of tax		$	118.9			$	132.6			$	78.0			$	86.3
Less: Noncontrolling interest			—				0.7				(0.3	)			0.3
Income from continuing operations for EPS			118.9				131.9				78.3				86.0
Income from discontinued operations			0.8				2.2				1.4				7.3
Net income attributable to Fortune Brands		$	119.7			$	134.1			$	79.7			$	93.3
Earnings per common share
Basic
Continuing operations		$	0.75			$	0.80			$	0.49			$	0.52
Discontinued operations			—				0.01				0.01				0.05
Net income attributable to Fortune Brands common stockholders		$	0.75			$	0.81			$	0.50			$	0.57
Diluted
Continuing operations		$	0.73			$	0.78			$	0.48			$	0.51
Discontinued operations			0.01				0.01				0.01				0.04
Net income attributable to Fortune Brands common stockholders		$	0.74			$	0.79			$	0.49			$	0.55
Basic average shares outstanding			159.2				165.2				159.5				164.2
Stock-based awards			3.6				4.8				3.5				4.5
Diluted average shares outstanding			162.8				170.0				163.0				168.7
Antidilutive stock-based awards excluded from weighted-average number of shares outstanding for diluted earnings per share			0.9				0.4				1.0				0.6

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- Definition

The entire disclosure for earnings per share.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 260



-SubTopic 10



-Section 45



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