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Earnings (Loss) Per Share
6 Months Ended
May 31, 2012
Earnings (Loss) Per Share

NOTE 8 – Earnings (Loss) Per Share

Our basic and diluted earnings (loss) per share were computed as follows (in millions, except per share data):

 

     Three Months ended
May 31,
     Six Months Ended
May 31,
 
         2012              2011          2012     2011  

Net income (loss) for basic and diluted earnings (loss) per share

   $ 14       $ 206       $ (125   $ 358   
  

 

 

    

 

 

    

 

 

   

 

 

 

Weighted-average common and ordinary shares outstanding

     779         791         778        791   

Dilutive effect of equity plans

     -         2         -        2   
  

 

 

    

 

 

    

 

 

   

 

 

 

Diluted weighted-average shares outstanding

     779         793         778        793   
  

 

 

    

 

 

    

 

 

   

 

 

 

Basic and diluted earnings (loss) per share

   $ 0.02       $ 0.26       $ (0.16   $ 0.45   
  

 

 

    

 

 

    

 

 

   

 

 

 

Anti-dilutive equity awards excluded from diluted earnings (loss) per share computations

     9         9         13        8