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Net Income Per Share (Tables)
9 Months Ended
Sep. 30, 2022
Net Income Per Share [Abstract]  
Net Income Per Share Of Common Stock

Nine Months Ended September 30

Three Months Ended September 30

2022

2021

2022

2021

Basic

Diluted

Basic

Diluted

Basic

Diluted

Basic

Diluted

Net income per common share (*)

$                      6.30

$                      6.29

$                      2.60

$                      2.60

$                      2.57

$                      2.56

$                      1.92

$                      1.92

Numerator (in millions):

Net income

$                       317

$                       317

$                       129

$                       129

$                       129

$                       129

$                         95

$                         95

Effect of dilutive Convertible Senior Notes

6

2

Net income corresponding to common stock

$                       317

$                       323

$                       129

$                       129

$                       129

$                       131

$                         95

$                         95

Denominator:

Weighted average of common stock outstanding for Basic earnings per share

50,365,813

50,365,813

49,761,360

50,325,075

50,325,075

49,597,157

Adjustment for assumed conversions

990,268

990,268

Adjusted weighted average of common stock outstanding for Diluted earnings per share

51,356,081

49,761,360

51,315,343

49,597,157

 

(*)

Figures have been calculated using non-rounded amounts.