Exhibit 11.2 EARNINGS PER SHARE FULLY DILUTED COMPUTATION ($ in millions except share and per share amounts) Nine Months Ended March 31 1995 1994 - ---------------------------------------------------------------------- Basis for computation of earnings per common and common equivalent shares: Earnings from continuing operations $ 123.4 $ 114.9 Deduct dividends on 4 Percent cumulative preferred stock (.3) (.3) -------- -------- Earnings from continuing operations available to common shareholders 123.1 114.6 Loss from discontinued operations (2.7) (2.1) -------- -------- Available for common shareholders $ 120.4 $ 112.5 ======== ======== Number of shares: Weighted average shares outstanding 76,681,341 76,750,855 Shares issuable upon exercise of stock options, net of shares assumed to be repurchased 961,800 1,039,980 ---------- ---------- 76,643,141 77,790,835 ========== ========== Earnings per common share: Continuing operations $1.59 $ 1.48 Discontinued operations (.04) (.03) ------ ------- Net earnings $1.55 $ 1.45 ====== =======