Earnings Per Share

6 Months Ended

May 31, 2011

Earnings Per Share

NOTE 6 – Earnings Per Share

Our basic and diluted earnings per share were computed as follows (in millions, except per share data):

	Three Months Ended				Six Months Ended
	May 31,				May 31,
	2011		2010		2011		2010
Net income	$	206	$	252	$	358	$	427
Interest on dilutive convertible notes		-		3		-		6
Net income for diluted earnings per share	$	206	$	255	$	358	$	433
Weighted-average common and ordinary shares outstanding		791		788		791		788
Dilutive effect of convertible notes		-		15		-		15
Dilutive effect of equity plans		2		3		2		3
Diluted weighted-average shares outstanding		793		806		793		806
Basic earnings per share	$	0.26	$	0.32	$	0.45	$	0.54
Diluted earnings per share	$	0.26	$	0.32	$	0.45	$	0.54
Anti-dilutive stock options excluded from diluted earnings per share computations		8.9		8.8		8.5		8.9