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EXHIBIT 11
CHRYSLER CORPORATION AND CONSOLIDATED SUBSIDIARIES
EARNINGS PER COMMON SHARE DATA
APB OPINION NO.15 CALCULATION
Period Ended June 30,
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Three Months Ended Six Months Ended
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1997 1996 1997 1996
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(In millions of dollars and shares)
PRIMARY:
Net earnings $ 483 $1,037 $1,512 $2,042
Preferred stock dividend declared (1) (1) (1) (2)
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Earnings attributable to common stock $ 482 $1,036 $1,511 $2,040
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Weighted average shares outstanding 678.9 738.7 688.3 745.6
Shares issued on exercise of dilutive options 25.6 22.4 26.1 24.1
Shares purchased with proceeds of options (19.7) (14.4) (19.4) (16.2)
Shares contingently issuable 0.9 1.0 0.8 0.9
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Shares applicable to primary earnings 685.7 747.7 695.8 754.4
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FULLY DILUTED:
Net earnings $ 483 $1,037 $1,512 $2,042
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Weighted average shares outstanding 678.9 738.7 688.3 745.6
Shares issued on exercise of dilutive options 25.8 22.4 26.2 24.1
Shares purchased with proceeds of options (19.0) (14.4) (19.0) (15.6)
Shares applicable to convertible preferred stock 1.5 4.5 1.7 5.8
Shares contingently issuable 1.8 1.8 1.6 1.7
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Shares applicable to fully diluted earnings 689.0 753.0 698.8 761.6
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PER COMMON SHARE DATA: (In dollars)
Primary:
Net earnings per common share $ 0.70 $ 1.39 $ 2.17 $ 2.70
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Fully Diluted:
Net earnings per common share $ 0.70 $ 1.38 $ 2.16 $ 2.68
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NOTE:
Primary earnings per common share amounts were computed by dividing earnings
after deduction of preferred stock dividends by the average number of common
and dilutive equivalent shares outstanding. Computations of primary earnings
per common share exclude the effect of common stock equivalents and shares
contingently issuable for any period in which their inclusion would have the
effect of increasing the earnings per common share amount otherwise computed.
Fully diluted per common share amounts assume conversion of the convertible
preferred stock, the elimination of the related preferred stock dividend
requirement, and the issuance of common stock for all other potentially
dilutive equivalent shares outstanding.