EXHIBIT 11 STATEMENT RE COMPUTATION OF PER SHARE EARNINGS (DOLLARS IN MILLIONS, EXCEPT PER SHARE) <Table> <Caption> YEARS ENDED DECEMBER 31 ---------------------------------------------------------------------------------------- 2001 2000 1999 1998 1997 ------------ ------------ ------------ ------------ ------------ Net Income .............................. $ 1,589 $ 1,902 $ 744 $ 450 $ 1,097 Weighted Average Shares Outstanding (excluding Treasury Stock) Basic .............................. 625,503,098 624,354,441 627,233,229 473,826,632 436,543,573 Shares assumed to be issued due to stock option .......................... 9,591,024 8,405,998 9,241,896 1,659,816 -- ------------ ------------ ------------ ------------ ------------ Adjusted average number of common shares and share equivalent Diluted ............................ 635,094,122 632,760,439 636,475,125 475,486,448 436,543,573 Earnings per share:* Basic .............................. $ 2.54 $ 3.05 $ 1.19 $ .95 $ 2.51 Diluted ............................ $ 2.50 $ 3.00 $ 1.17 $ .95 $ 2.51 </Table> - ---------- * Earnings per share (EPS) for 1998 and 1997 was calculated using only Class B common stock as required by SFAS No. 128.