XML 67 R53.htm IDEA: XBRL DOCUMENT v3.10.0.1
Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2018
Computations of Earnings (Loss) per Common Share
The computations of earnings (loss) per common share were as follows:
 
    
(In millions, except per share data)
 
2018
 
 
2017
 
 
2016
 
Income from continuing operations, net of tax
 
$
390.0
 
 
$
475.3
 
 
$
412.4
 
Less: Noncontrolling interests
 
 
0.2
 
 
 
0.1
 
 
 
—
 
Income from continuing operations for EPS
 
 
389.8
 
 
 
475.2
 
 
 
412.4
 
Income (loss) from discontinued operations
 
 
(0.2
) 
 
 
(2.6
) 
 
 
0.8
 
Net income attributable to Fortune Brands
 
$
389.6
 
 
$
472.6
 
 
$
413.2
 
Earnings (loss) per common share
 
 
 
 
 
 
 
 
 
 
 
 
Basic
 
 
 
 
 
 
 
 
 
 
 
 
Continuing operations
 
$
2.69
 
 
$
3.10
 
 
$
2.67
 
Discontinued operations
 
 
—
 
 
 
(0.02
) 
 
 
0.01
 
Net income attributable to Fortune Brands common stockholders
 
$
2.69
 
 
$
3.08
 
 
$
2.68
 
Diluted
 
 
 
 
 
 
 
 
 
 
 
 
Continuing operations
 
$
2.66
 
 
$
3.05
 
 
$
2.61
 
Discontinued operations
 
 
—
 
 
 
(0.02
) 
 
 
0.01
 
Net income attributable to Fortune Brands common stockholders
 
$
2.66
 
 
$
3.03
 
 
$
2.62
 
Basic average shares outstanding
 
 
144.6
 
 
 
153.2
 
 
 
154.3
 
Stock-based awards
 
 
1.8
 
 
 
2.6
 
 
 
3.5
 
Diluted average shares outstanding
 
 
146.4
 
 
 
155.8
 
 
 
157.8
 
Antidilutive stock-based awards excluded from weighted-average number of shares outstanding for diluted earnings per share
 
 
1.5
 
 
 
0.5
 
 
 
0.5