| ##NEAR. EARNINGS PER SHARE |
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| The following table summarizes the number of shares outstanding as well as our basic and diluted earnings per-share (in millions, except per share amounts): |
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| | | | | Three Months Ended | | | Nine Months Ended |
| | | | | Sep. 30, | | | Sep. 30, |
| | | | 2012 | | 2011 | | 2012 | | 2011 |
| Net earnings attributable to Owens Corning | $ | 44 | | $ | 124 | | $ | 37 | | $ | 226 |
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| Weighted-average number of shares outstanding used for | | | | | | | | | | | |
| | basic earnings per share | | 117.9 | | | 121.7 | | | 119.8 | | | 123.2 |
| Non-vested restricted and performance shares | | 0.6 | | | 0.6 | | | 0.5 | | | 0.6 |
| Options to purchase common stock | | 0.3 | | | 0.3 | | | 0.3 | | | 0.4 |
| Weighted-average number of shares outstanding and common | | | | | | | | | | | |
| | equivalent shares used for diluted earnings per share | | 118.8 | | | 122.6 | | | 120.6 | | | 124.2 |
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| Earnings per common share attributable to Owens Corning | | | | | | | | | | | |
| | common stockholders: | | | | | | | | | | | |
| | Basic | $ | 0.37 | | $ | 1.02 | | $ | 0.31 | | $ | 1.83 |
| | Diluted | $ | 0.37 | | $ | 1.01 | | $ | 0.31 | | $ | 1.82 |