v3.26.3
Shareholders' Earnings per Share
9 Months Ended
Sep. 30, 2026
Earnings Per Share [Abstract]  
Shareholders' Earnings per Share Shareholders' Earnings per Share
The denominator for basic and diluted shareholders' earnings per share for the three and nine months ended September 30, 2026 and 2025 is as follows:
Three Months Ended 
 September 30
Nine Months Ended 
 September 30
2026202520262025
Denominator for basic shareholders' earnings per share – weighted-average shares
216.6 223.3 217.8 225.0 
Effect of dilutive securities – employee stock options and non-vested restricted stock awards1.0 0.4 0.8 0.6 
Denominator for diluted shareholders' earnings per share
217.6 223.7 218.6 225.6 
During the three months ended September 30, 2026 and 2025, weighted-average shares related to certain stock options of 1.6 and 2.2, respectively, were excluded from the denominator for diluted shareholders' earnings per share because the stock options were anti-dilutive. During the nine months ended September 30, 2026 and 2025, weighted-average shares related to certain stock options of 1.7 and 1.9, respectively, were excluded from the denominator for diluted shareholders' earnings per share because the stock options were anti-dilutive.
We have issued approximately 0.8 cumulative restricted stock units under our stock incentive plans, of which vesting is contingent upon us meeting specified earnings and qualitative plan performance targets. Contingent restricted stock units are excluded from the denominator for diluted shareholders’ earnings per share and are included only if and when the contingency is met. These contingent restricted stock units are being measured over a three-year period and generally vest in March of the year following each measurement period.