Consolidated GAAP Results
A comparison of results from operations is as follows:
Second Quarter | |||||
(In millions, except per share amounts) | 2011 | 2010 | |||
Net sales | $2,055 | $1,936 | |||
Gross margin | 1,039 | 965 | |||
Operating earnings | 170 | 161 | |||
Earnings from continuing operations** | 58 | 3 | |||
Net earnings ** | 349 | 162 | |||
Diluted earnings per common share from continuing operations: ** | $0.17 | $0.01 | |||
Weighted average diluted common shares outstanding | 348.5 | 337.9 | |||