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 -------------------------------------------------------------------------------------- 2000 1999 1998 1997 1996 -------------- -------------- -------------- -------------- -------------- Net income less dividends on preferred stock ....................... $2,304 $7,680 $4,470 $2,395 $3,626 ============== ============== ============== ============== ============== Average number of common shares (excludes treasury stock and the shares held by DuPont Flexitrust) - Basic ................... 1,043,358,416 1,084,537,228 1,128,826,525 1,130,755,483 1,121,350,592 Shares assumed to be issued due to stock options ...................... 7,684,108 13,433,101 16,520,503 19,047,967 18,472,163 -------------- -------------- -------------- -------------- -------------- Adjusted average number of common shares and share equivalents - Diluted ............................. 1,051,042,524 1,097,970,329 1,145,347,028 1,149,803,450 1,139,822,755 ============== ============== ============== ============== ============== Earnings per share: - Diluted ............................. $2.19 $6.99 (a) $3.90 $2.08 $3.18 ============== ============== ============== ============== ============== - Basic ............................... $2.21 $7.08 (a) $3.96 $2.12 $3.23 ============== ============== ============== ============== ============== - ------------------------ (a) Includes income from discontinued operations of $6.80 diluted and $6.89 basic.