Exhibit 11.4 EARNINGS PER SHARE FULLY DILUTED COMPUTATION ($ in millions except share and per share amounts) Quarter ended December 31 1993 1992 ______________________________________________________________________________ Basis for computation of earnings per common and common equivalent shares: Earnings from continuing operations $ 36.7 $ 28.0 Deduct dividends on 4% preferred stock (.1) (.1) --------- --------- Earnings from continuing operations available to common shareholders 36.6 27.9 Discontinued operations (.7) (1.5) --------- --------- Net earnings available to common shareholders $ 35.9 $ 26.4 ========= ========= Number of shares: Weighted average shares outstanding 76,725,524 76,232,641 Shares issuable upon exercise of stock options, net of shares assumed to be repurchased 990,497 1,307,919 ------------ ------------ Total common and common equivalent shares assuming full dilution 77,716,021 77,540,560 ============ ============ Earnings per common share: Continuing operations $ .47 $ .36 Discontinued operations (.01) (.02) --------- --------- Net earnings $ .46 $ .34 ========= =========