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Net Earnings Per Common Share | 9 Months Ended
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Sep. 30, 2022
Earnings Per Share [Abstract] |
Net Earnings Per Common Share | Net Earnings Per Common ShareThe following table shows the calculation of basic and diluted net earnings per common share:
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
(In millions, except per share amounts) |  | 2022 |  | 2021 |  | 2022 |  | 2021
Basic Net Earnings Per Common Share: |  |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |  |
Net earnings |  | $ | 134.2 |  |  | $ | 107.7 |  |  | $ | 397.3 |  |  | $ | 325.9 |
Distributed and allocated undistributed net earnings to unvested restricted stockholders |  | — |  |  | — |  |  | — |  |  | — |
Net earnings available to common stockholders |  | $ | 134.2 |  |  | $ | 107.7 |  |  | $ | 397.3 |  |  | $ | 325.9 |
Denominator: |  |  |  |  |  |  |  |
Weighted average number of common shares outstanding - basic |  | 145.2 |  |  | 149.9 |  |  | 146.3 |  |  | 151.8 |
Basic net earnings per common share: |  |  |  |  |  |  |  |
Basic net earnings per common share |  | $ | 0.92 |  |  | $ | 0.72 |  |  | $ | 2.72 |  |  | $ | 2.15 |
Diluted Net Earnings Per Common Share: |  |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |  |
Net earnings available to common stockholders |  | $ | 134.2 |  |  | $ | 107.7 |  |  | $ | 397.3 |  |  | $ | 325.9 |
Denominator: |  |  |  |  |  |  |  |
Weighted average number of common shares outstanding - basic |  | 145.2 |  |  | 149.9 |  |  | 146.3 |  |  | 151.8 |
Effect of dilutive stock shares and units |  | 1.4 |  |  | 1.5 |  |  | 1.5 |  |  | 1.4 |
Weighted average number of common shares outstanding - diluted under treasury stock |  | 146.6 |  |  | 151.4 |  |  | 147.8 |  |  | 153.2 |
Diluted net earnings per common share |  | $ | 0.92 |  |  | $ | 0.71 |  |  | $ | 2.69 |  |  | $ | 2.13 |

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI https://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
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