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Earnings Per Share
 12 Months Ended
Dec. 31, 2016
Earnings Per Share

20.    Earnings Per Share

The computations of earnings (loss) per common share were as follows:

 

       
(In millions, except per share data)    2016      2015      2014  

Income from continuing operations, net of tax

    $ 412.4       $ 306.5       $ 273.6   

Less: Noncontrolling interests

      —         0.5         1.2   

Income from continuing operations for EPS

      412.4         306.0         272.4   

Income (loss) from discontinued operations

      0.8         9.0         (114.3 ) 

Net income attributable to Fortune Brands

    $ 413.2       $ 315.0       $ 158.1   

Earnings (loss) per common share

           

Basic

           

Continuing operations

    $ 2.67       $ 1.92       $ 1.68   

Discontinued operations

      0.01         0.05         (0.70 ) 

Net income attributable to Fortune Brands common stockholders

    $ 2.68       $ 1.97       $ 0.98   

Diluted

           

Continuing operations

    $ 2.61       $ 1.88       $ 1.64   

Discontinued operations

      0.01         0.05         (0.69 ) 

Net income attributable to Fortune Brands common stockholders

    $ 2.62       $ 1.93       $ 0.95   

Basic average shares outstanding

      154.3         159.5         161.8   

Stock-based awards

      3.5         3.5         4.5   

Diluted average shares outstanding

      157.8         163.0         166.3   

Antidilutive stock-based awards excluded from weighted-average number of shares outstanding for diluted earnings per share

      0.5         0.7         0.5