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Net income per share (Tables) | 6 Months Ended
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Jun. 30, 2023
Earnings Per Share [Abstract] |
Net Income Per Share of Common Stock | Net income per share of common stock is as follows for the six and three-month periods ended June 30, 2023 and 2022:
| Six Months Ended June 30, |  | Three Months Ended June 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
| Basic |  | Diluted |  | Basic |  | Diluted |  | Basic |  | Diluted |  | Basic |  | Diluted
Net income per common share (*) | $ | 9.23 |  |  | $ | 9.12 |  |  | $ | 3.73 |  |  | $ | 3.73 |  |  | $ | 5.22 |  |  | $ | 5.16 |  |  | $ | 2.43 |  |  | $ | 2.43 |
Numerator (in millions): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income | $ | 463 |  |  | $ | 463 |  |  | $ | 188 |  |  | $ | 188 |  |  | $ | 262 |  |  | $ | 262 |  |  | $ | 123 |  |  | $ | 123 |
Effect of dilutive Convertible Senior Notes | — |  |  | 4 |  |  | — |  |  | — |  |  | — |  |  | 2 |  |  | — |  |  | — |
Net income available to common stock | $ | 463 |  |  | $ | 467 |  |  | $ | 188 |  |  | $ | 188 |  |  | $ | 262 |  |  | $ | 264 |  |  | $ | 123 |  |  | $ | 123 |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted average of common stock outstanding for earnings per share | 50,203,652 |  | 50,203,652 |  | 50,386,519 |  | 50,386,519 |  | 50,162,687 |  | 50,162,687 |  | 50,364,529 |  | 50,364,529
Adjustment for assumed conversions | — |  | 990,268 |  | — |  | — |  | — |  | 990,268 |  | — |  | —
Adjusted weighted average of common stock outstanding for earnings per share | 50,203,652 |  | 51,193,920 |  | 50,386,519 |  | 50,386,519 |  | 50,162,687 |  | 51,152,955 |  | 50,364,529 |  | 50,364,529
(*) Figures have been calculated using non-rounded amounts.

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