EX-11 6 x11jfm07.htm EXHIBIT 11 TO JFM 207 10-Q Exhibit 11 to JFM 207 10-Q
EXHIBIT 11
 
THE PROCTER & GAMBLE COMPANY AND SUBSIDIARIES
 
Computation of Earnings Per Share

 
   
Three Months Ended
  
Nine Months Ended
  
   
March 31
  
March 31
  
   
2007
  
2006
  
2007
  
2006
  
BASIC NET EARNINGS PER SHARE
                  
Net earnings
  
$
2,512
  
$
2,211
  
$
8,072
  
$
6,786
  
Preferred dividends, net of tax benefit
    
38
   
35
   
116
   
107
 
Net earnings available to common shareholders
  
$
2,474
  
$
2,176
  
$
7,956
  
$
6,679
  
                           
Basic weighted average common shares outstanding
    
3,156.0
   
3,269.6
   
3,164.3
   
3,003.4
 
                           
Basic net earnings per common share
  
$
0.78
  
$
0.67
  
$
2.51
  
$
2.22
  
                           
DILUTED NET EARNINGS PER SHARE
                          
Diluted net earnings
  
$
2,512
  
$
2,211
  
$
8,072
  
$
6,786
  
                           
Basic weighted average common shares outstanding
    
3,156.0
   
3,269.6
   
3,164.3
   
3,003.4
 
Add potential effect of:
                          
    Conversion of preferred shares
    
149.2
   
153.7
   
150.4
   
154.6
 
    Exercise of stock options and other
    Unvested Equity awards
    
92.1
   
87.2
   
91.0
   
77.4
 
                           
Diluted weighted average common shares outstanding
    
3,397.3
   
3,510.5
   
3,405.7
   
3,235.4
 
                           
Diluted net earnings per common share
  
$
0.74
  
$
0.63
  
$
2.37
  
$
2.10