For the first nine months of 2009 , the Company reported earnings of $ 1.48 billion or $ 2.56 per share ( $ 2.54 diluted ) , compared with earnings of $ 1.56 billion or $ 3.00 per share ( $ 2.96 diluted ) for the same 2008 period . After adjusting for a $ 122 million ( $ 78 million after tax ) non-cash derivative fair value loss and a $ 17 million ( $ 11 million after tax ) gain on extinguishment of debt , the Company 's adjusted earnings were $ 1.55 billion , or $ 2.67 per share ( $ 2.66 diluted ) , compared to year-to-date 2008 adjusted earnings of $ 1.55 billion , or $ 2.99 per share ( $ 2.95 diluted ) . ( ) ( 1 ) Operating cash flow was a record $ 4.56 billion for the first nine months of 2009 , compared with $ 3.81 billion for the 2008 period .