EX-11 2 pbg1q10qexhibit11_1.txt PEPSI BOTTLING GROUP (EXHIBIT 11.1) Exhibit 11.1 The Pepsi Bottling Group, Inc. Computation of Basic and Diluted Earnings Per Share (in millions, except per share data) 12 Weeks Ended -------------- March March 19, 2005 20, 2004 ------- -------- Number of shares on which basic earnings per share is based: Average outstanding during period................ 248 260 Add - Incremental shares under stock compensation plans............................. 6 9 ---- ---- Number of shares on which diluted earnings per share is based...................... 254 269 Net earnings applicable to common shareholders ................................... $ 39 $ 50 Net earnings on which diluted earnings per share is based ............................. $ 39 $ 50 Basic earnings per share........................... $0.16 $0.19 Diluted earnings per share......................... $0.15 $0.19