CVS 2012 Annual Report Download - page 85

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CVS CAREMARK 2012 ANNUAL REPORT
83
15 Earnings Per Common Share
The following is a reconciliation of basic and diluted earnings per common share for the respective years:
In millions, except per share amounts 2012 2011 2010
Numerator for earnings per common share calculation:
Income from continuing operations $ 3,882 $ 3,488 $ 3,422
Net loss attributable to noncontrolling interest 2 4 3
Income from continuing operations attributable to CVS Caremark, basic 3,884 3,492 3,425
Income (loss) from discontinued operations, net of tax (7) (31) 2
Net income attributable to CVS Caremark, basic and diluted $ 3,877 $ 3,461 $ 3,427
Denominator for earnings per common share calculation:
Weighted average common shares, basic 1,271 1,338 1,367
Stock options 8 8 8
Restricted stock units 1 1 2
Weighted average common shares, diluted 1,280 1,347 1,377
Basic earnings per common share:
Income from continuing operations attributable to CVS Caremark $ 3.06 $ 2.61 $ 2.51
Loss from discontinued operations attributable to CVS Caremark (0.01) (0.02) —
Net income attributable to CVS Caremark $ 3.05 $ 2.59 $ 2.51
Diluted earnings per common share:
Income from continuing operations attributable to CVS Caremark $ 3.03 $ 2.59 $ 2.49
Loss from discontinued operations attributable to CVS Caremark (0.01) (0.02) —
Net income attributable to CVS Caremark $ 3.03 $ 2.57 $ 2.49
15