EX-11 7 pbgexhibit11_1.txt PEPSI BOTTLING GROUP (EXHIBIT 11.1) Exhibit 11.1 The Pepsi Bottling Group, Inc. Computation of Basic and Diluted Earnings Per Share (in millions, except per share data)
12 Weeks Ended 36 Weeks Ended -------------- -------------- Sept. 4, Sept. 6, Sept. 4, Sept. 6, 2004 2003 2004 2003 ---- ---- ---- ---- Number of shares on which basic earnings per share is based: Average outstanding during period................ 254 268 257 273 Add - Incremental shares under stock compensation plans............................. 8 6 9 7 ---- ---- ---- ---- Number of shares on which diluted earnings per share is based...................... 262 274 266 280 Net earnings applicable to common shareholders .................................... $ 191 $ 183 $ 383 $ 347 Net earnings on which diluted earnings per share is based .............................. $ 191 $ 183 $ 383 $ 347 Basic earnings per share........................... $0.75 $0.68 $1.49 $1.27 Diluted earnings per share......................... $0.73 $0.67 $1.44 $1.24