EX-11 5 a2014-12x3110xkexhibit11.htm STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS 2014-12-31 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) 
2014
 
2013
 
2012
 
2011
 
2010
Net income from continuing operations
$
6,220

 
$
5,686

 
$
4,847

 
$
4,831

 
$
4,195

Net income from discontinued operations
—

 
35

 
283

 
148

 
178

Net income attributable to common shareowners
$
6,220

 
$
5,721

 
$
5,130

 
$
4,979

 
$
4,373

 
 
 
 
 
 
 
 
 
 
Net income from continuing operations
$
6,220

 
$
5,686

 
$
4,847

 
$
4,831

 
$
4,195

Basic earnings for period
$
6,220

 
$
5,686

 
$
4,847

 
$
4,831

 
$
4,195

Diluted earnings for period
$
6,220

 
$
5,686

 
$
4,847

 
$
4,831

 
$
4,195

Basic average number of shares outstanding during the period (thousands)
898,300

 
901,000

 
895,200

 
892,300

 
907,900

Stock awards (thousands)
13,300

 
14,100

 
11,400

 
14,500

 
14,800

Diluted average number of shares outstanding during the period (thousands)
911,600

 
915,100

 
906,600

 
906,800

 
922,700

Basic earnings per common share
$
6.92

 
$
6.31

 
$
5.41

 
$
5.41

 
$
4.62

Diluted earnings per common share
$
6.82

 
$
6.21

 
$
5.35

 
$
5.33

 
$
4.55

 
 
 
 
 
 
 
 
 
 
Net income attributable to common shareowners
$
6,220

 
$
5,721

 
$
5,130

 
$
4,979

 
$
4,373

Basic earnings for period
$
6,220

 
$
5,721

 
$
5,130

 
$
4,979

 
$
4,373

Diluted earnings for period
$
6,220

 
$
5,721

 
$
5,130

 
$
4,979

 
$
4,373

Basic average number of shares outstanding during the period (thousands)
898,300

 
901,000

 
895,200

 
892,300

 
907,900

Stock awards (thousands)
13,300

 
14,100

 
11,400

 
14,500

 
14,800

Diluted average number of shares outstanding during the period (thousands)
911,600

 
915,100

 
906,600

 
906,800

 
922,700

Basic earnings per common share
$
6.92

 
$
6.35

 
$
5.73

 
$
5.58

 
$
4.82

Diluted earnings per common share
$
6.82

 
$
6.25

 
$
5.66

 
$
5.49

 
$
4.74