| 2011 | 2010 | 2009 | 2008 | 2007 | ||||||||||||||||
BASIC NET EARNINGS PER SHARE (1) | ||||||||||||||||||||
| Net earnings from continuing operations | $ | 11,797 | $ | 10,946 | $ | 10,680 | $ | 11,291 | $ | 9,662 | ||||||||||
| Preferred dividends, net of tax benefit | 233 | 219 | 192 | 176 | 161 | |||||||||||||||
| Net earnings from continuing operations available to common shareholders | $ | 11,564 | $ | 10,727 | $ | 10,488 | $ | 11,115 | $ | 9,501 | ||||||||||
| Net earnings from discontinued operations | — | 1,790 | 2,756 | 784 | 678 | |||||||||||||||
| Net earnings available to common shareholders | $ | 11,564 | $ | 12,517 | $ | 13,244 | $ | 11,899 | $ | 10,179 | ||||||||||
| Basic weighted average common shares outstanding | 2,804.0 | 2,900.8 | 2,952.2 | 3,080.8 | 3,159.0 | |||||||||||||||
| Basic net earnings per common share - continuing operations | $ | 4.12 | $ | 3.70 | $ | 3.55 | $ | 3.61 | $ | 3.01 | ||||||||||
| Basic net earnings per common share - discontinued operations | — | 0.62 | 0.94 | 0.25 | 0.21 | |||||||||||||||
| Basic net earnings per common share | $ | 4.12 | $ | 4.32 | $ | 4.49 | $ | 3.86 | $ | 3.22 | ||||||||||
DILUTED NET EARNINGS PER SHARE (1) | ||||||||||||||||||||
| Diluted net earnings from continuing operations | $ | 11,797 | $ | 10,946 | $ | 10,680 | $ | 11,291 | $ | 9,662 | ||||||||||
| Diluted net earnings from discontinued operations | — | 1,790 | 2,756 | 784 | 678 | |||||||||||||||
| Diluted net earnings | $ | 11,797 | $ | 12,736 | $ | 13,436 | $ | 12,075 | $ | 10,340 | ||||||||||
| Basic weighted average common shares outstanding | 2,804.0 | 2,900.8 | 2,952.2 | 3,080.8 | 3,159.0 | |||||||||||||||
| Add potential effect of: | ||||||||||||||||||||
| Conversion of preferred shares | 128.5 | 134.0 | 139.2 | 144.2 | 149.6 | |||||||||||||||
| Exercise of stock options and other Unvested Equity awards | 69.4 | 64.5 | 62.7 | 91.8 | 90.0 | |||||||||||||||
| Diluted weighted average common shares outstanding | 3,001.9 | 3,099.3 | 3,154.1 | 3,316.8 | 3,398.6 | |||||||||||||||
| Diluted net earnings per common share - continuing operations | $ | 3.93 | $ | 3.53 | $ | 3.39 | $ | 3.40 | $ | 2.84 | ||||||||||
| Diluted net earnings per common share - discontinued operations | — | 0.58 | 0.87 | 0.24 | 0.20 | |||||||||||||||
| Diluted net earnings per common share | $ | 3.93 | $ | 4.11 | $ | 4.26 | $ | 3.64 | $ | 3.04 | ||||||||||
(1) | Basic net earnings per share and diluted net earnings per share are calculated on net earnings attributable to Procter & Gamble |
