CVS HEALTH Corp | 2013 | FY | 3


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
2013
 
2012
 
2011
Numerator for earnings per common share calculation:
 

 
 

 
 

Income from continuing operations
$
4,600

 
$
3,869

 
$
3,489

Net loss attributable to noncontrolling interest

 
2

 
4

Income from continuing operations attributable to CVS Caremark, basic
4,600

 
3,871

 
3,493

Loss from discontinued operations, net of tax
(8
)
 
(7
)
 
(31
)
Net income attributable to CVS Caremark, basic and diluted
$
4,592

 
$
3,864

 
$
3,462

Denominator for earnings per common share calculation:
 

 
 

 
 

Weighted average common shares, basic
1,217

 
1,271

 
1,338

Stock options
8

 
8

 
8

Restricted stock units
1

 
1

 
1

Weighted average common shares, diluted
1,226

 
1,280

 
1,347

Basic earnings per common share:
 

 
 

 
 

Income from continuing operations attributable to CVS Caremark
$
3.78

 
$
3.05

 
$
2.61

Loss from discontinued operations attributable to CVS Caremark
$
(0.01
)
 
$
(0.01
)
 
$
(0.02
)
Net income attributable to CVS Caremark
$
3.77

 
$
3.04

 
$
2.59

Diluted earnings per common share:
 

 
 

 
 

Income from continuing operations attributable to CVS Caremark
$
3.75

 
$
3.02

 
$
2.59

Loss from discontinued operations attributable to CVS Caremark
$
(0.01
)
 
$
(0.01
)
 
$
(0.02
)
Net income attributable to CVS Caremark
$
3.74

 
$
3.02

 
$
2.57


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