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Profit Per Share (Tables)
12 Months Ended
Dec. 31, 2010
Profit per share  
Computations of Profit Per Share

 

 

(Dollars in millions except per share data)

 

2010

 

2009

 

2008

 

Profit for the period (A) (1)

 

$

2,700

 

$

895

 

$

3,557

 

Determination of shares (in millions):

 

 

 

 

 

 

 

Weighted average number of common shares outstanding (B)

 

631.5

 

615.2

 

610.5

 

Shares issuable on exercise of stock awards, net of shares assumed to be purchased out of proceeds at average market price

 

18.9

 

10.8

 

17.4

 

Average common shares outstanding for fully diluted computation (C)

 

650.4

 

626.0

 

627.9

 

Profit per share of common stock:

 

 

 

 

 

 

 

Assuming no dilution (A/B)

 

$

4.28

 

$

1.45

 

$

5.83

 

Assuming full dilution (A/C)

 

$

4.15

 

$

1.43

 

$

5.66

 

Shares outstanding as of December 31 (in millions)

 

638.8

 

624.7

 

601.5

 

 

(1)   Profit attributable to common stockholders.