EX-11 10 a2175845zex-11.htm EXHIBIT 11

Exhibit 11

The Allstate Corporation and Subsidiaries
Computation of Earnings Per Common Share

 
   Year Ended December 31,
(in millions, except per share data)

   2006
   2005
   2004
Net Income   $ 4,993   $ 1,765   $ 3,181
   
 
 

Basic earnings per common share computation:
 
 
 
 
 
 
 
 
 
 
Weighted average number of common shares(1)
 
 
632.5
 
 
661.7
 
 
695.6
   
 
 
 
Net income per share—basic
 
$
7.89
 
$
2.67
 
$
4.57
   
 
 

Diluted earnings per common share computation:
 
 
 
 
 
 
 
 
 
  Weighted average number of common shares(1)     632.5     661.7     695.6
  Assumed exercise of dilutive stock options     3.4     5.1     4.7
  Effect of potential restricted stock units     1.3     0.5     —
   
 
 
    Adjusted weighted number of common shares outstanding     637.2     667.3     700.3
   
 
 
 
Net income per share—diluted
 
$
7.84
 
$
2.64
 
$
4.54
   
 
 
(1)
Common shares held as treasury shares were 278 million, 254 million and 217 million, at December 31, 2006, 2005 and 2004, respectively.