1 Exhibit 11
GENERAL ELECTRIC COMPANY
COMPUTATION OF PER SHARE EARNINGS
(Shares in thousands; dollar amounts, except
earnings per share, in millions)
Fully
Earnings Primary diluted
per common earnings earnings
Second quarter ended June 30, 1995 share per share per share
- ---------------------------------- ---------- ---------- ----------
Net earnings applicable to common stock $1,726 $1,726 $1,726
Dividend equivalents (net of tax) applicable
to deferred incentive compensation shares - - -
-------- -------- --------
Earnings for per-share calculations $1,726 $1,726 $1,726
-------- -------- --------
Average number of shares outstanding 1,688,153 1,688,153 1,688,153
Average number of deferred incentive
compensation shares - 8,314 8,314
Average stock option shares - 13,113 13,113
Average number of restricted stock units - 1,322 1,322
---------- ---------- ----------
Shares for earnings calculation 1,688,153 1,710,902 1,710,902
---------- ---------- ----------
Earnings per share $1.02 $1.01 $1.01
- ------------------ ======== ======== ========
Second quarter ended June 30, 1994
- ----------------------------------
Net earnings applicable to common stock $1,522 $1,522 $1,522
Dividend equivalents (net of tax) applicable
to deferred incentive compensation shares - - -
------- ------- -------
Earnings for per-share calculations $1,522 $1,522 $1,522
------- ------- -------
Average number of shares outstanding 1,710,380 1,710,380 1,710,380
Average number of deferred incentive
compensation shares - 8,607 8,607
Average stock option shares - 8,917 8,917
Average number of restricted stock units - 1,084 1,084
---------- ---------- ----------
Shares for earnings calculation 1,710,380 1,728,988 1,728,988
---------- ---------- ----------
Earnings per share $0.89 $0.88 $0.88
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2 Exhibit 11
GENERAL ELECTRIC COMPANY
COMPUTATION OF PER SHARE EARNINGS
(Shares in thousands; dollar amounts, except
earnings per share, in millions)
Fully
Earnings Primary diluted
per common earnings earnings
Six months ended June 30, 1995 share per share per share
- ------------------------------ ---------- ---------- ----------
Net earnings applicable to common stock $3,098 $3,098 $3,098
Dividend equivalents (net of tax) applicable
to deferred incentive compensation shares - 2 2
-------- -------- --------
Earnings for per-share calculations $3,098 $3,100 $3,100
-------- -------- --------
Average number of shares outstanding 1,694,091 1,694,091 1,694,091
Average number of deferred incentive
compensation shares - 8,404 8,404
Average stock option shares - 11,810 12,834
Average number of restricted stock units - 1,321 1,346
---------- ---------- ----------
Shares for earnings calculation 1,694,091 1,715,626 1,716,675
---------- ---------- ----------
Earnings per share $1.83 $1.81 $1.81
- ------------------ ======== ======== ========
Six months ended June 30, 1994
- ------------------------------
Net earnings applicable to common stock $2,590 $2,590 $2,590
Dividend equivalents (net of tax) applicable
to deferred incentive compensation shares - 2 2
------- ------- -------
Earnings for per-share calculations $2,590 $2,592 $2,592
------- ------- -------
Average number of shares outstanding 1,709,355 1,709,355 1,709,355
Average number of deferred incentive
compensation shares - 8,557 8,557
Average stock option shares - 10,679 10,679
Average number of restricted stock units - 1,119 1,119
---------- ---------- ----------
Shares for earnings calculation 1,709,355 1,729,710 1,729,710
---------- ---------- ----------
Earnings per share $1.52 $1.50 $1.50
- ------------------ ======= ======= =======