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EARNINGS PER SHARE
12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
Basic EPS is computed based on the weighted average shares of common stock outstanding during the period. Diluted EPS is computed based on those shares used in the basic EPS computation, plus potentially dilutive shares issuable under our equity-based compensation plans using the treasury stock method. Shares that are potentially anti-dilutive are excluded.
The following table presents the computation of our basic and diluted EPS attributable to our common stock:
 Year Ended December 31,
(in millions, except per share data)202020192018
Net income$272 $212 $192 
Weighted average shares of common stock outstanding67 70 70 
Basic EPS$4.03 $3.04 $2.72 
Net income$272 $212 $192 
Weighted average shares of common stock outstanding67 70 70 
Dilutive effect of stock options and restricted stock units1 
Weighted average shares of common stock outstanding68 71 72 
Diluted EPS$3.99 $2.99 $2.65 
Common stock equivalents excluded from income per
diluted share because of their anti-dilutive effect
1