1 EXHIBIT 11 - STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS ---------- Quarter Ended Three Quarters Ended -------------------------- ------------------------- April 3, March 31, April 3, March 31, 1998 1997 1998 1997 ---------- ---------- ---------- ----------- (In millions, except per share amounts) Basic: Average shares outstanding 79.9 79.5 79.8 78.5 Less nonvested performance shares .6 .8 .6 .9 ---- ---- ---- ---- Total basic average shares outstanding 79.3 78.7 79.2 77.6 ==== ==== ==== ==== Net income $59.9 $55.6 $156.2 $139.3 ==== ==== ====== ====== Basic net income per share $ .76 $ .71 $1.97 $1.80 ==== ==== ==== ==== Diluted: Average shares outstanding 79.9 79.5 79.8 78.5 Plus dilutive stock options .4 .3 .4 .3 ---- ---- ---- ---- Total diluted average shares outstanding 80.3 79.8 80.2 78.8 ==== ==== ==== ==== Diluted net income per share $ .75 $ .70 $1.95 $1.77 ==== ==== ==== ====