Computation of Earnings Per Share

6 Months Ended

Jun. 30, 2012

Computation of Earnings Per Share

Computation of Earnings Per Share

NOTE 16.Computation of Earnings Per Share

BB&T’s basic and diluted earnings per share amounts for the three and six months ended June 30, 2012 and 2011, respectively, were calculated as follows:
				Three Months Ended June 30,				Six Months Ended June 30,
				2012		2011		2012		2011
				(Dollars in millions, except per share data,
				shares in thousands)
	Basic Earnings Per Share:
		Net income available to common shareholders		$	510	$	307	$	941	$	532
		Weighted average number of common shares			698,579		696,625		698,132		695,971
		Basic earnings per share		$	0.73	$	0.44	$	1.35	$	0.76
	Diluted Earnings Per Share:
		Net income available to common shareholders		$	510	$	307	$	941	$	532
		Weighted average number of common shares			698,579		696,625		698,132		695,971
		Add:
			Effect of dilutive outstanding equity-based awards		9,875		8,344		9,858		8,612
		Weighted average number of diluted common shares			708,454		704,969		707,990		704,583
		Diluted earnings per share		$	0.72	$	0.44	$	1.33	$	0.76

For the three monthsendedJune 30, 2012 and 2011, the number of anti-dilutive awardswas 33.7 million and 41.0million shares, respectively. For the six months endedJune 30, 2012 and 2011, the number of anti-dilutive awards was 33.8 million and 41.1 million shares, respectively.