Per Share Data

Under the accounting guidance which applies to the calculation of earnings per share ("EPS") for share-based payment awards with rights to dividends or dividend equivalents, unvested share-based payment awards that contain non-forfeitable rights to dividends or dividend equivalents (whether paid or unpaid) are participating securities and should be included in the computation.

Basic net income per share attributable to the Company and income from continuing operations per share are calculated by dividing the respective after-tax income attributable to common shares by the weighted average number of outstanding shares of the Company’s common stock.

Diluted net income per share attributable to the Company and income from continuing operations per share are calculated by dividing the respective after-tax income attributable to common shares by the weighted average number of outstanding shares of the Company’s common stock, which have been adjusted for the dilutive effect of potentially issuable common shares (excluding those that are considered participating securities). The diluted EPS calculation reflects the more dilutive effect of either (a) the two-class method that assumes that the participating securities have not been exercised or (b) the treasury stock method. Reconciliation of the applicable income components used for diluted EPS and basic weighted average common shares outstanding to diluted weighted average common shares outstanding is presented below.



Basic EPS Calculation - Continuing Operations	Three Months Ended June 30,				Six Months Ended June 30,
(In millions, except per share figures)	2012		2011		2012		2011
Net income from continuing operations	$	339	$	286	$	693	$	605
Less: Net income attributable to non-controlling interests	8		7		15		13
Net income from continuing operations attributable to the Company	331		279		678		592
Less: Portion attributable to participating securities	—		1		1		4
Net income attributable to common shares for basic earnings per share	$	331	$	278	$	677	$	588
Basic weighted average common shares outstanding	545		547		544		545



Basic EPS Calculation - Net Income	Three Months Ended June 30,				Six Months Ended June 30,
(In millions, except per share figures)	2012		2011		2012		2011
Net income attributable to the Company	$	329	$	282	$	676	$	607
Less: Portion attributable to participating securities	—		2		1		4
Net income attributable to common shares for basic earnings per share	$	329	$	280	$	675	$	603
Basic weighted average common shares outstanding	545		547		544		545



Diluted EPS Calculation - Continuing Operations	Three Months Ended June 30,				Six Months Ended June 30,
(In millions, except per share figures)	2012		2011		2012		2011
Net income from continuing operations	$	339	$	286	$	693	$	605
Less: Net income attributable to non-controlling interests	8		7		15		13
Net income from continuing operations attributable to the Company	331		279		678		592
Less: Portion attributable to participating securities	—		1		1		4
Net income attributable to common shares for diluted earnings per share	$	331	$	278	$	677	$	588
Basic weighted average common shares outstanding	545		547		544		545
Dilutive effect of potentially issuable common shares	8		8		8		9
Diluted weighted average common shares outstanding	553		555		552		554
Average stock price used to calculate common stock equivalents	$	32.31	$	30.03	$	32.13	$	29.47



Diluted EPS Calculation - Net Income	Three Months Ended June 30,				Six Months Ended June 30,
(In millions, except per share figures)	2012		2011		2012		2011
Net income attributable to the Company	$	329	$	282	$	676	$	607
Less: Portion attributable to participating securities	—		2		1		4
Net income attributable to common shares for diluted earnings per share	$	329	$	280	$	675	$	603
Basic weighted average common shares outstanding	545		547		544		545
Dilutive effect of potentially issuable common shares	8		8		8		9
Diluted weighted average common shares outstanding	553		555		552		554
Average stock price used to calculate common stock equivalents	$	32.31	$	30.03	$	32.13	$	29.47

There were 37.3 million and 41.4 million stock options outstanding as of June 30, 2012 and 2011, respectively.