The table below shows earnings per common share and diluted earnings per common share and reconciles the numerator and denominator of both earnings per common share calculations. See Note 1 for discussion of private share repurchases and the Consolidated Statement of Changes in Equity.



		Quarter ended June 30,			Six months ended June 30,
(in millions, except per share amounts)			2013	2012	2013	2012
Wells Fargo net income		$	5,519	4,622	10,690	8,870
Less:	Preferred stock dividends and other (1)		247	219	487	445
Wells Fargo net income applicable to common stock (numerator)		$	5,272	4,403	10,203	8,425
Earnings per common share
Average common shares outstanding (denominator)			5,304.7	5,306.9	5,291.9	5,294.9
Per share		$	1.00	0.83	1.93	1.59
Diluted earnings per common share
Average common shares outstanding			5,304.7	5,306.9	5,291.9	5,294.9
Add:	Stock options		32.2	27.3	30.9	26.5
	Restricted share rights		42.7	35.7	43.6	32.9
	Warrants		5.0	-	3.5	-
Diluted average common shares outstanding (denominator)			5,384.6	5,369.9	5,369.9	5,354.3
Per share		$	0.98	0.82	1.90	1.57

The following table presents the outstanding options and warrants to purchase shares of common stock that were anti-dilutive (the exercise price was higher than the weighted-average market price), and therefore not included in the calculation of diluted earnings per common share.



	Weighted-average shares
	Quarter ended June 30,		Six months ended June 30,
(in millions)	2013	2012	2013	2012
Options	10.9	56.1	11.9	89.6
Warrants	-	39.2	-	39.2