Exhibit 11 E. I. DU PONT DE NEMOURS AND COMPANY CALCULATION OF EARNINGS PER SHARE (Dollars in millions, except per share) Years Ended December 31 ---------------------------------------------------------------------------------- 1999 1998 1997 1996 1995 -------------- -------------- -------------- -------------- -------------- Net income less dividends on preferred stock ....................... $ 7,680 $ 4,470 $ 2,395 $ 3,626 $ 3,283 ============== ============== ============== ============== ============== Average number of common shares (excludes treasury stock and the shares held by DuPont Flexitrust) - Basic ................... 1,084,537,228 1,128,826,525 1,130,755,483 1,121,350,592 1,170,214,952 Shares assumed to be issued due to stock options ...................... 13,433,101 16,520,503 19,047,967 18,472,163 13,193,507 -------------- -------------- -------------- -------------- -------------- Adjusted average number of common shares and share equivalents - Diluted ............................. 1,097,970,329 1,145,347,028 1,149,803,450 1,139,822,755 1,183,408,459 ============== ============== ============== ============== ============== Earnings per share: - Diluted ............................. $ 6.99 $ 3.90 $ 2.08 $ 3.18 $ 2.77 ============== ============== ============== ============== ============== - Basic ............................... $ 7.08 $ 3.96 $ 2.12 $ 3.23 $ 2.81 ============== ============== ============== ============== ==============