v2.4.0.6
Computation of Earnings Per Share
6 Months Ended
Nov. 30, 2011
Earnings Per Share [Abstract]  
Computation of Earnings Per Share

(4) Computation of Earnings Per Share

 

The calculation of basic and diluted earnings per common share for the periods ended November 30 was as follows (in millions, except per share amounts):

   Three Months Ended Six Months Ended
   2011 2010 2011 2010
Basic earnings per common share:            
Net earnings allocable to common shares(1) $ 495 $ 282 $ 959 $ 661
Weighted-average common shares   315   314   316   314
Basic earnings per common share $ 1.57 $ 0.90 $ 3.04 $ 2.11
              
Diluted earnings per common share:            
Net earnings allocable to common shares(1) $ 495 $ 282 $ 959 $ 661
              
Weighted-average common shares   315   314   316   314
Dilutive effect of share-based awards   1   2   1   2
Weighted-average diluted shares   316   316   317   316
Diluted earnings per common share $ 1.57 $ 0.89 $ 3.02 $ 2.09
              
Anti-dilutive options excluded from diluted             
earnings per common share   14.2   11.2   13.7   11.3
              
 (1) Net earnings available to participating securities were immaterial in all periods presented.