3. Net Income Per Share

The following table sets forth the computation of Net Income Per Share for the three-month and nine-month periods ended September 30, 2012 and 2011 (in thousands, except per share data):

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2012		2011		2012		2011
Numerator for Basic and Diluted Earnings Per Share -
Net Income	$	355,491	$	540,878	$	1,075,278	$	970,425

Denominator for Basic Earnings Per Share -
Weighted Average Shares		267,941		266,053		267,136		261,664
Potential Dilutive Common Shares -
Stock Options/SARs		1,343		1,479		1,517		1,759
Restricted Stock/Units and Performance Units/Stock		1,698		1,760		1,675		1,822
Denominator for Diluted Earnings Per Share -
Adjusted Diluted Weighted Average Shares		270,982		269,292		270,328		265,245

Net Income Per Share
Basic	$	1.33	$	2.03	$	4.03	$	3.71
Diluted	$	1.31	$	2.01	$	3.98	$	3.66

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The diluted earnings per share calculation excludes stock options and SARs that were anti-dilutive. Shares underlying the excluded stock options and SARs totaled 0.5 million and 0.6 million shares for the three months ended September 30, 2012 and 2011, respectively, and 0.3 million and 0.4 million shares for the nine months ended September 30, 2012 and 2011, respectively.