EXHIBIT 11.2
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COMPUTATION OF FULLY DILUTED EARNINGS PER COMMON SHARE
(In millions, except per share data)
Years ended
December 31
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1996 1995 1994
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EARNINGS
Income from continuing operations $ 575 $ 371 $ 406
Total discontinued operations 94 278 190
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Net income available for common stock $ 669 $ 649 $ 596
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SHARES
Weighted average number of common shares outstanding 272 277 280
Additional shares assuming exercise or conversion of stock
options, performance share awards and stock purchase plan
subscriptions 5 5 2
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Average common shares outstanding 277 282 282
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FULLY DILUTED EARNINGS PER COMMON SHARE
INCOME FROM CONTINUING OPERATIONS $2.07 $1.32 $1.44
TOTAL DISCONTINUED OPERATIONS 0.34 0.99 0.67
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NET INCOME $2.41 $2.31 $2.11
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