- Track your favorite companies
- Receive email alerts for new filings
- Personalized dashboard of news and more
- Access all data and search results
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Avg
|
EXHIBIT 11
COMPUTATION OF BASIC AND DILUTED
EARNINGS PER SHARE
(UNAUDITED)
|
| For the Three Months Ended |
| ||||
|
| March 31, 2013 |
| March 31, 2012 |
| ||
Number of shares on which basic earnings per share is calculated: |
|
|
|
|
| ||
Weighted-average shares outstanding during period |
| 1,113,674,384 |
| 1,159,092,482 |
| ||
Add — Incremental shares under stock-based compensation plans |
| 8,872,513 |
| 13,533,806 |
| ||
Add — Incremental shares associated with contingently issuable shares |
| 1,448,276 |
| 1,617,674 |
| ||
Number of shares on which diluted earnings per share is calculated |
| 1,123,995,173 |
| 1,174,243,963 |
| ||
|
|
|
|
|
| ||
Net income on which basic earnings per share is calculated (millions) |
| $ | 3,032 |
| $ | 3,066 |
|
|
|
|
|
|
| ||
Less — net income applicable to contingently issuable shares (millions) |
| — |
| — |
| ||
|
|
|
|
|
| ||
Net income on which diluted earnings per share is calculated (millions) |
| $ | 3,032 |
| $ | 3,066 |
|
|
|
|
|
|
| ||
Earnings per share of common stock: |
|
|
|
|
| ||
|
|
|
|
|
| ||
Assuming dilution |
| $ | 2.70 |
| $ | 2.61 |
|
|
|
|
|
|
| ||
Basic |
| $ | 2.72 |
| $ | 2.65 |
|
There were no stock options outstanding as of March 31, 2013 and 2012 that were considered antidilutive and not included in the earnings per share assuming dilution calculation.