Returning more cash to shareholders
Share repurchases will benefit earnings per share by approximately $0.03 in 2006
Share buyback and dividend programs have delivered increasing amounts of cash to shareholders
- 2004: Returned over $630 million
- 2005: Returned over $920 million
- 2006 to date: Returned nearly $1.6 billion
Reduction in diluted weighted average shares outstanding
- 3Q 2006: 360.9 million shares
- 20.2 million share decrease compared to third quarter 2005
- 4.6 million share decrease compared to second quarter 2006