Attached files
EXHIBIT 11
THE PROCTER & GAMBLE COMPANY AND SUBSIDIARIES
Computation of Earnings Per Share
| Amounts in millions except per share amounts | Three Months Ended September 30 | |||||
| 2009 | 2008 | |||||
| BASIC NET EARNINGS PER SHARE |
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| Net earnings from continuing operations |
$ | 3,027 | $ | 3,115 | ||
| Preferred dividends, net of tax benefit |
50 | 47 | ||||
| Net earnings from continuing operations available to common shareholders |
$ | 2,977 | $ | 3,068 | ||
| Net earnings from discontinued operations |
$ | 280 | $ | 233 | ||
| Net earnings |
$ | 3,257 | $ | 3,301 | ||
| Basic weighted average common shares outstanding |
2,921.1 | 3,012.4 | ||||
| Basic net earnings per common share - continuing operations |
$ | 1.02 | $ | 1.02 | ||
| Basic net earnings per common share - discontinued operations |
$ | 0.09 | $ | 0.08 | ||
| Basic net earnings per common share |
$ | 1.11 | $ | 1.10 | ||
| DILUTED NET EARNINGS PER SHARE |
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| Diluted net earnings from continuing operations |
$ | 3,027 | $ | 3,115 | ||
| Diluted net earnings from discontinued operations |
$ | 280 | $ | 233 | ||
| Diluted net earnings |
$ | 3,307 | $ | 3,348 | ||
| Basic weighted average common shares outstanding |
2,921.1 | 3,012.4 | ||||
| Add potential effect of: |
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| Conversion of preferred shares |
136.2 | 141.2 | ||||
| Exercise of stock options and other unvested equity awards |
52.3 | 85.9 | ||||
| Diluted weighted average common shares outstanding |
3,109.6 | 3,239.5 | ||||
| Diluted net earnings per common share - continuing operations |
$ | 0.97 | $ | 0.96 | ||
| Diluted net earnings per common share - discontinued operations |
$ | 0.09 | $ | 0.07 | ||
| Diluted net earnings per common share |
$ | 1.06 | $ | 1.03 | ||