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New words:
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Removed:
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Filing tables
Filing exhibits
- 10-K Annual report
- 10.15 Ciip Schedule of Terms
- 11 Computation of Per Share Earnings
- 12 Computation of Ratios
- 13 Annual Report to Shareowners for the Year Ended December 31, 2004
- 21 Subsidiares of the Registrant
- 24 Powers of Attorney
- 31.1 Certification of George David, Chairman and CEO
- 31.2 Certification of James E. Geisler, Vice President, Finance
- 31.3 Certification of Gregory J. Hayes, Vice President, Accounting and Control
- 32 Section 1350 Certification Pursuant to Section 906 of the Sarbanes-oxley Act
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EXHIBIT 11
UNITED TECHNOLOGIES CORPORATION AND SUBSIDIARIES
Statement Re: Computations of Per Share Earnings
For the Five Years Ended December 31, 2004
(Millions of Dollars, except per share amounts)
2004 | 2003 | 2002 | 2001 | 2000 | |||||||||||||||
Net Income | $ | 2,788 | $ | 2,361 | $ | 2,236 | $ | 1,938 | $ | 1,808 | |||||||||
ESOP Convertible Preferred Stock dividend | — | (24 | ) | (31 | ) | (31 | ) | (32 | ) | ||||||||||
Basic earnings for period | $ | 2,788 | $ | 2,337 | $ | 2,205 | $ | 1,907 | $ | 1,776 | |||||||||
ESOP Convertible Preferred Stock adjustment | — | 23 | 29 | 28 | 28 | ||||||||||||||
Diluted earnings for period | $ | 2,788 | $ | 2,360 | $ | 2,234 | $ | 1,935 | $ | 1,804 | |||||||||
Basic average number of shares outstanding during the period (thousands) | 496,449 | 473,775 | 472,441 | 470,252 | 470,124 | ||||||||||||||
Stock awards (thousands) | 8,970 | 7,017 | 7,067 | 9,156 | 11,256 | ||||||||||||||
ESOP Convertible Preferred Stock (thousands) | — | 22,115 | 26,071 | 25,978 | 26,630 | ||||||||||||||
Diluted average number of shares outstanding during the period (thousands) | 505,419 | 502,907 | 505,579 | 505,386 | 508,010 | ||||||||||||||
Basic earnings per common share | $ | 5.62 | $ | 4.93 | $ | 4.67 | $ | 4.06 | $ | 3.78 | |||||||||
Diluted earnings per common share | $ | 5.52 | $ | 4.69 | $ | 4.42 | $ | 3.83 | $ | 3.55 |