EX-11 9 a2015-12x3110xkexhibit11.htm STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS Exhibit


Exhibit 11
UNITED TECHNOLOGIES CORPORATION
AND SUBSIDIARIES
STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS
 
 
Full year  
(dollars in millions, except per share amounts) 
2015
 
2014
 
2013
 
2012
 
2011
Net income from continuing operations
$
3,996

 
$
6,066

 
$
5,265

 
$
4,337

 
$
4,265

Net income from discontinued operations
3,612

 
154

 
456

 
793

 
714

Net income attributable to common shareowners
$
7,608

 
$
6,220

 
$
5,721

 
$
5,130

 
$
4,979

 
 
 
 
 
 
 
 
 
 
Net income from continuing operations
$
3,996

 
$
6,066

 
$
5,265

 
$
4,337

 
$
4,265

Basic earnings for period
$
3,996

 
$
6,066

 
$
5,265

 
$
4,337

 
$
4,265

Diluted earnings for period
$
3,996

 
$
6,066

 
$
5,265

 
$
4,337

 
$
4,265

Basic average number of shares outstanding during the period (thousands)
872,700

 
898,300

 
901,000

 
895,200

 
892,300

Stock awards (thousands)
10,500

 
13,300

 
14,100

 
11,400

 
14,500

Diluted average number of shares outstanding during the period (thousands)
883,200

 
911,600

 
915,100

 
906,600

 
906,800

Basic earnings per common share - continuing operations
$
4.58

 
$
6.75

 
$
5.84

 
$
4.84

 
$
4.78

Diluted earnings per common share - continuing operations
$
4.53

 
$
6.65

 
$
5.75

 
$
4.78

 
$
4.70

 
 
 
 
 
 
 
 
 
 
Net income attributable to common shareowners
$
7,608

 
$
6,220

 
$
5,721

 
$
5,130

 
$
4,979

Basic earnings for period
$
7,608

 
$
6,220

 
$
5,721

 
$
5,130

 
$
4,979

Diluted earnings for period
$
7,608

 
$
6,220

 
$
5,721

 
$
5,130

 
$
4,979

Basic average number of shares outstanding during the period (thousands)
872,700

 
898,300

 
901,000

 
895,200

 
892,300

Stock awards (thousands)
10,500

 
13,300

 
14,100

 
11,400

 
14,500

Diluted average number of shares outstanding during the period (thousands)
883,200

 
911,600

 
915,100

 
906,600

 
906,800

Basic earnings per common share
$
8.72

 
$
6.92

 
$
6.35

 
$
5.73

 
$
5.58

Diluted earnings per common share
$
8.61

 
$
6.82

 
$
6.25

 
$
5.66

 
$
5.49