EXHIBIT 11.2

HASBRO, INC. AND SUBSIDIARIES

Computation of Earnings Per Common Share

Quarter Ended September 30, 2001 and October 1, 2000

(Thousands of Dollars and Shares Except Per Share Data)

				2001		2000
				-----------------		-----------------
				Basic	Diluted	Basic	Diluted
				-------	-------	-------	-------
Net earnings before cumulative effect
	of accounting change			$  50,602	50,602	13,832	13,832
				=======	=======	=======	=======
Weighted average number of shares
outstanding:
	Outstanding at beginning of period			172,071	172,071	171,709	171,709
	Exercise of stock options and warrants:
		Actual		69	69	23	23
		Assumed		-	1,092	-	209
	Purchase of common stock			-	-	-	-
				------------	------------	------------	------------
		Total		172,140	173,232	171,732	171,941
				=======	=======	=======	=======
Per common share:
	Net earnings before cumulative effect
			of accounting change	$        .29	.29	.08	.08
				=======	=======	=======	=======