EX-11 2 a2017-12x3110xkexhibit11.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, shares in thousands) 
2017
 
2016
 
2015
 
2014
 
2013
Net income from continuing operations
$
4,552

 
$
5,065

 
$
3,996

 
$
6,066

 
$
5,265

Net (loss) income from discontinued operations

 
(10
)
 
3,612

 
154

 
456

Net income attributable to common shareowners
$
4,552

 
$
5,055

 
$
7,608

 
$
6,220

 
$
5,721

 
 
 
 
 
 
 
 
 
 
Net income from continuing operations
$
4,552

 
$
5,065

 
$
3,996

 
$
6,066

 
$
5,265

Basic earnings for period
$
4,552

 
$
5,065

 
$
3,996

 
$
6,066

 
$
5,265

Diluted earnings for period
$
4,552

 
$
5,065

 
$
3,996

 
$
6,066

 
$
5,265

Basic average number of shares outstanding during the period
790,000

 
818,200

 
872,700

 
898,300

 
901,000

Stock awards
9,100

 
7,900

 
10,500

 
13,300

 
14,100

Diluted average number of shares outstanding during the period
799,100

 
826,100

 
883,200

 
911,600

 
915,100

Basic earnings per common share - continuing operations
$
5.76

 
$
6.19

 
$
4.58

 
$
6.75

 
$
5.84

Diluted earnings per common share - continuing operations
$
5.70

 
$
6.13

 
$
4.53

 
$
6.65

 
$
5.75

 
 
 
 
 
 
 
 
 
 
Net income attributable to common shareowners
$
4,552

 
$
5,055

 
$
7,608

 
$
6,220

 
$
5,721

Basic earnings for period
$
4,552

 
$
5,055

 
$
7,608

 
$
6,220

 
$
5,721

Diluted earnings for period
$
4,552

 
$
5,055

 
$
7,608

 
$
6,220

 
$
5,721

Basic average number of shares outstanding during the period
790,000

 
818,200

 
872,700

 
898,300

 
901,000

Stock awards
9,100

 
7,900

 
10,500

 
13,300

 
14,100

Diluted average number of shares outstanding during the period
799,100

 
826,100

 
883,200

 
911,600

 
915,100

Basic earnings per common share
$
5.76

 
$
6.18

 
$
8.72

 
$
6.92

 
$
6.35

Diluted earnings per common share
$
5.70

 
$
6.12

 
$
8.61

 
$
6.82

 
$
6.25