Earnings per share

3 Months Ended

Mar. 31, 2013

The following table presents the computation of basic and diluted earnings per share:



	Three Months Ended
	March 31
(in millions of U.S. dollars, except share and per share data)	2013		2012
Numerator:
Net income	$	953	$	973
Denominator:
Denominator for basic earnings per share:
Weighted-average shares outstanding	340,778,142		338,567,341
Denominator for diluted earnings per share:
Share-based compensation plans	3,128,226		3,123,641
Adjusted weighted-average shares outstanding and assumed conversions	343,906,368		341,690,982
Basic earnings per share	$	2.80	$	2.87
Diluted earnings per share	$	2.77	$	2.84

Potential anti-dilutive share conversions	634,385		468,048

Excluded from adjusted weighted-average shares outstanding and assumed conversions is the impact of securities that would have been anti-dilutive during the respective periods.

- Definition

The entire disclosure for earnings per share.

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