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Baxter International Inc. and Subsidiaries
Exhibit 11.2 - Computation of Fully Diluted Earnings per Common Share
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(Unaudited - in millions, except per share data) Three months ended Six months ended
June 30, June 30,
1995 1994 1995 1994
Net income available for common stock $165 $144 $310 $275
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Shares
Weighted average number of common shares
outstanding 278 278 280 278
Additional shares assuming conversion of cumulative
convertible exchangeable preferred stock, exercise of
stock options, performance share awards and stock
purchase plan subscriptions 3 1 3 1
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Average common shares and equivalents outstanding 281 279 283 279
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Fully diluted earnings per common share $0.59 $0.52 $1.09 $0.99
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