EX-11 2 a2013-12x3110xkexhibit11.htm STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS 2013-12-31 10-K Exhibit 11


Exhibit 11
UNITED TECHNOLOGIES CORPORATION
AND SUBSIDIARIES
STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS
 
 
Full year  
(Dollars in millions, except per share amounts) 
2013
 
2012
 
2011
 
2010
 
2009
Net income from continuing operations
$
5,686

 
$
4,847

 
$
4,831

 
$
4,195

 
$
3,719

Net income from discontinued operations
35

 
283

 
148

 
178

 
111

Net income attributable to common shareowners
$
5,721

 
$
5,130

 
$
4,979

 
$
4,373

 
$
3,830

 
 
 
 
 
 
 
 
 
 
Net income from continuing operations
$
5,686

 
$
4,847

 
$
4,831

 
$
4,195

 
$
3,719

Basic earnings for period
$
5,686

 
$
4,847

 
$
4,831

 
$
4,195

 
$
3,719

Diluted earnings for period
$
5,686

 
$
4,847

 
$
4,831

 
$
4,195

 
$
3,719

Basic average number of shares outstanding during the period (thousands)
901,000

 
895,200

 
892,300

 
907,900

 
917,400

Stock awards (thousands)
14,100

 
11,400

 
14,500

 
14,800

 
11,400

Diluted average number of shares outstanding during the period (thousands)
915,100

 
906,600

 
906,800

 
922,700

 
928,800

Basic earnings per common share
$
6.31

 
$
5.41

 
$
5.41

 
$
4.62

 
$
4.05

Diluted earnings per common share
$
6.21

 
$
5.35

 
$
5.33

 
$
4.55

 
$
4.00

 
 
 
 
 
 
 
 
 
 
Net income attributable to common shareowners
$
5,721

 
$
5,130

 
$
4,979

 
$
4,373

 
$
3,830

Basic earnings for period
$
5,721

 
$
5,130

 
$
4,979

 
$
4,373

 
$
3,830

Diluted earnings for period
$
5,721

 
$
5,130

 
$
4,979

 
$
4,373

 
$
3,830

Basic average number of shares outstanding during the period (thousands)
901,000

 
895,200

 
892,300

 
907,900

 
917,400

Stock awards (thousands)
14,100

 
11,400

 
14,500

 
14,800

 
11,400

Diluted average number of shares outstanding during the period (thousands)
915,100

 
906,600

 
906,800

 
922,700

 
928,800

Basic earnings per common share
$
6.35

 
$
5.73

 
$
5.58

 
$
4.82

 
$
4.17

Diluted earnings per common share
$
6.25

 
$
5.66

 
$
5.49

 
$
4.74

 
$
4.12