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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2012
Earnings Per Share  
Reconciliation of basic and diluted earnings per common share

 

 

 

Three Months Ended

 

 

March 31,

In millions, except per share amounts

 

2012

 

2011

Numerators for earnings per common share calculations:

 

 

 

 

 

 

Income from continuing operations

 

$

776

 

 

$

709

 

Net loss attributable to noncontrolling interest

 

1

 

 

1

 

Income from continuing operations attributable to CVS Caremark

 

777

 

 

710

 

Income (loss) from discontinued operations, net of tax

 

(1

)

 

3

 

Net income attributable to CVS Caremark, basic and diluted

 

$

776

 

 

$

713

 

 

 

 

 

 

 

 

Denominators for earnings per common share calculations:

 

 

 

 

 

 

Weighted average common shares, basic

 

1,299

 

 

1,362

 

Effect of dilutive securities:

 

 

 

 

 

 

Stock options

 

9

 

 

7

 

Restricted stock units

 

1

 

 

2

 

Weighted average common shares, diluted

 

1,309

 

 

1,371

 

Basic earnings per common share:

 

 

 

 

 

 

Income from continuing operations attributable to CVS Caremark

 

$

0.60

 

 

$

0.52

 

Income (loss) from discontinued operations attributable to CVS Caremark

 

 

 

 

Net income attributable to CVS Caremark

 

$

0.60

 

 

$

0.52

 

Diluted earnings per common share:

 

 

 

 

 

 

Income from continuing operations attributable to CVS Caremark

 

$

0.59

 

 

$

0.52

 

Income (loss) from discontinued operations attributable to CVS Caremark

 

 

 

 

Net income attributable to CVS Caremark

 

$

0.59

 

 

$

0.52