EX-11 2 pbg1q10qexh11.txt PEPSI BOTTLING GROUP, INC. Exhibit 11 The Pepsi Bottling Group, Inc. Computation of Basic and Diluted Earnings Per Share (in millions, except per share data) 12 Weeks Ended -------------- March March 20, 2004 22, 2003 -------- -------- Number of shares on which basic earnings per share is based: Weighted-average outstanding during period........ 260 279 Add - Incremental shares under stock compensation plans............................... 9 8 ---- ----- Number of shares on which diluted earnings per share is based...................... 269 287 Net earnings applicable to common shareholders..................................... $ 50 $ 33 Net earnings on which diluted earnings per share is based............................... $ 50 $ 33 Basic earnings per share........................... $0.19 $0.12 Diluted earnings per share......................... $0.19 $0.12