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Earnings Per Share

6 Months Ended

Jun. 30, 2016

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,
		2016				2015				2016				2015
Income from continuing operations, net of tax		$	186.1			$	118.9			$	125.1			$	78.0
Less: Noncontrolling interest			(0.1	)			—				(0.1	)			(0.3	)
Income from continuing operations for EPS			186.2				118.9				125.2				78.3
Income from discontinued operations, net of tax			—				0.8				—				1.4
Net income attributable to Fortune Brands		$	186.2			$	119.7			$	125.2			$	79.7
Earnings per common share
Basic
Continuing operations		$	1.20			$	0.75			$	0.82			$	0.49
Discontinued operations			—				—				—				0.01
Net income attributable to Fortune Brands common stockholders		$	1.20			$	0.75			$	0.82			$	0.50
Diluted
Continuing operations		$	1.18			$	0.73			$	0.80			$	0.48
Discontinued operations			—				0.01				—				0.01
Net income attributable to Fortune Brands common stockholders		$	1.18			$	0.74			$	0.80			$	0.49
Basic average shares outstanding			154.5				159.2				153.4				159.5
Stock-based awards			3.8				3.6				3.8				3.5
Diluted average shares outstanding			158.3				162.8				157.2				163.0
Antidilutive stock-based awards excluded from weighted-average number of shares outstanding for diluted earnings per share			0.7				0.9				0.6				1.0

X

- 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
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=64863997&loc=d3e1278-109256

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-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

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=64863997&loc=d3e1252-109256

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 55
-Paragraph 52
-URI http://asc.fasb.org/extlink&oid=65016374&loc=d3e4984-109258

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.21)
-URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688

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