EXHIBIT 11 - COMPUTATION OF FULLY DILUTED EARNINGS PER SHARE For the Years Ended December 31, 1994 1993 1992 ------ ------ ------ -In Millions- (except per share data) Earnings Income (Loss) from Continuing Operations $ 21 $ (22) $ (79) Provision for Loss on Disposal of Discontinued Operations - (4) (44) ------ ------- ------- Net Income (Loss) $ 21 $ (26) $ (123) ====== ======= ======= Shares Weighted Average Number of Common Shares Outstanding 161 161 32 Additional Shares Assuming Conversion of: Warrants 1 1 - Stock Options - - - ------ ------- ------- Average Shares of Common Stock Outstanding and Equivalents 162 162 32 ====== ======= ======= Fully Diluted Earnings (Loss) per Average Share Income (Loss) from Continuing Operations $0.13 $(0.14) $(2.48) Provision for Loss on Disposal of Discontinued Operations - (0.02) (1.38) ------ ------- ------- Net Income (Loss) $0.13 $(0.16) $(3.86) ====== ======= =======