Attached files
EXHIBIT 11
THE PROCTER & GAMBLE COMPANY AND SUBSIDIARIES
Computation of Earnings Per Share
| Three Months Ended December 31 |
Six Months Ended December 31 | |||||||||||
| Amounts in millions except per share amounts |
2009 | 2008 | 2009 | 2008 | ||||||||
| BASIC NET EARNINGS PER SHARE |
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| Net earnings from continuing operations |
$ | 3,149 | $ | 2,813 | $ | 6,176 | $ | 5,928 | ||||
| Preferred dividends, net of tax benefit |
50 | 47 | 100 | 94 | ||||||||
| Net earnings from continuing operations available to common shareholders |
$ | 3,099 | $ | 2,766 | $ | 6,076 | $ | 5,834 | ||||
| Net earnings from discontinued operations |
$ | 1,510 | $ | 2,191 | $ | 1,790 | $ | 2,424 | ||||
| Net earnings available to common shareholders |
$ | 4,609 | $ | 4,957 | $ | 7,866 | $ | 8,258 | ||||
| Basic weighted average common shares outstanding |
2,917.2 | 2,958.8 | 2,919.1 | 2,985.6 | ||||||||
| Basic net earnings per common share - continuing operations |
$ | 1.06 | $ | 0.94 | $ | 2.08 | $ | 1.96 | ||||
| Basic net earnings per common share - discontinued operations |
$ | 0.52 | $ | 0.74 | $ | 0.61 | $ | 0.81 | ||||
| Basic net earnings per common share |
$ | 1.58 | $ | 1.68 | $ | 2.69 | $ | 2.77 | ||||
| DILUTED NET EARNINGS PER SHARE |
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| Diluted net earnings from continuing operations |
$ | 3,149 | $ | 2,813 | $ | 6,176 | $ | 5,928 | ||||
| Diluted net earnings from discontinued operations |
$ | 1,510 | $ | 2,191 | $ | 1,790 | $ | 2,424 | ||||
| Diluted net earnings |
$ | 4,659 | $ | 5,004 | $ | 7,966 | $ | 8,352 | ||||
| Basic weighted average common shares outstanding |
2,917.2 | 2,958.8 | 2,919.1 | 2,985.6 | ||||||||
| Add potential effect of: |
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| Conversion of preferred shares |
134.7 | 140.0 | 135.5 | 140.6 | ||||||||
| Exercise of stock options and other Unvested Equity awards |
66.6 | 72.0 | 59.9 | 78.9 | ||||||||
| Diluted weighted average common shares outstanding |
3,118.5 | 3,170.8 | 3,114.5 | 3,205.1 | ||||||||
| Diluted net earnings per common share - continuing operations |
$ | 1.01 | $ | 0.89 | $ | 1.98 | $ | 1.85 | ||||
| Diluted net earnings per common share - discontinued operations |
$ | 0.48 | $ | 0.69 | $ | 0.58 | $ | 0.76 | ||||
| Diluted net earnings per common share |
$ | 1.49 | $ | 1.58 | $ | 2.56 | $ | 2.61 | ||||