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Earnings Per Share (Tables)
12 Months Ended
Jun. 30, 2011
Earnings Per Share  
Computation of basic and diluted earnings per share

 

 

 

Years ended June 30

 

 

 

2011

 

2010

 

2009

 

 

 

(In millions, except per share amounts)

 

 

 

 

 

 

 

 

 

Net earnings attributable to controlling interests

 

$

2,036

 

$

1,930

 

$

1,684

 

Average shares outstanding

 

642

 

643

 

643

 

Basic earnings per share

 

$

3.17

 

$

3.00

 

$

2.62

 

 

 

 

 

 

 

 

 

Net earnings attributable to controlling interests

 

$2,036

 

$1,930

 

$1,684

 

Plus: After-tax interest on 4.7% debentures related to $1.75 billion Equity Units

 

13

 

 

 

Adjusted net earnings attributable to controlling interests

 

$2,049

 

$1,930

 

$1,684

 

 

 

 

 

 

 

 

 

Average shares outstanding

 

642

 

643

 

643

 

Plus: Incremental shares

 

 

 

 

 

 

 

Share-based compensation awards

 

1

 

1

 

1

 

Shares assumed issued related to $1.75 billion Equity Units

 

11

 

 

 

Adjusted average shares outstanding

 

654

 

644

 

644

 

 

 

 

 

 

 

 

 

Diluted earnings per share

 

$3.13

 

$3.00

 

$2.62