Annual report pursuant to Section 13 and 15(d)

Basic and Diluted Earnings Per Share (Tables)

v2.4.0.8
Basic and Diluted Earnings Per Share (Tables)
 12 Months Ended
May 31, 2013
Earnings Per Share [Abstract]  
Basic and diluted earnings per share
Basic and diluted earnings per share were calculated as follows:
 
 
Year ended May 31,
In millions, except per share amounts
 
2013
 
2012
 
2011
Basic earnings per share:
 
 
 
 
 
 
Net income
 
$
569.0

 
$
548.0

 
$
515.3

Weighted-average common shares outstanding
 
363.8

 
362.4

 
361.8

Basic earnings per share
 
$
1.56

 
$
1.51

 
$
1.42

Diluted earnings per share:
 
 
 
 
 
 
Net income
 
$
569.0

 
$
548.0

 
$
515.3

Weighted-average common shares outstanding
 
363.8

 
362.4

 
361.8

Dilutive effect of common share equivalents at average market price
 
0.9

 
0.6

 
0.6

Weighted-average common shares outstanding, assuming dilution
 
364.7

 
363.0

 
362.4

Diluted earnings per share
 
$
1.56

 
$
1.51

 
$
1.42

Weighted-average anti-dilutive common share equivalents
 
6.5

 
9.9

 
11.5