| CAPITAL STOCK AND EARNINGS PER SHARE The following table sets forth the reconciliation of average shares outstanding (in millions): | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended August 31, | | Nine months ended August 31, | | | 2024 | | 2023 | | 2024 | | 2023 | | Average shares outstanding – basic | 268.6 | | | 268.4 | | | 268.5 | | | 268.4 | | | Effect of dilutive securities: | | | | | | | | | Stock options/RSUs/LTPP | 1.1 | | | 1.7 | | | 1.1 | | | 1.4 | | | Average shares outstanding – diluted | 269.7 | | | 270.1 | | | 269.6 | | | 269.8 | |
The following table sets forth the stock options and RSUs that were not considered in our earnings per share calculation since they were anti-dilutive (in millions): | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended August 31, | | Nine months ended August 31, | | | 2024 | | 2023 | | 2024 | | 2023 | | Anti-dilutive securities | 3.6 | | | 1.8 | | | 3.4 | | | 1.8 | |
The following table sets forth common stock activity (in millions): | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended August 31, | | Nine months ended August 31, | | | 2024 | | 2023 | | 2024 | | 2023 | | Shares issued under stock options, RSUs, LTPP and employee stock purchase plans | 0.1 | | | 0.1 | | | 0.7 | | | 0.7 | | | Shares repurchased under the stock repurchase program and shares withheld for taxes under stock options, RSUs, and LTPP | 0.3 | | | 0.1 | | | 0.5 | | | 0.5 | |
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