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Net income per share (Tables) | 9 Months Ended
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Sep. 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 nine and three-month periods ended September 30, 2023 and 2022:
| Nine Months Ended September 30, |  | Three Months Ended September 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
| Basic |  | Diluted |  | Basic |  | Diluted |  | Basic |  | Diluted |  | Basic |  | Diluted
Net income per common share (*) | $ | 16.40 |  |  | $ | 16.36 |  |  | $ | 6.30 |  |  | $ | 6.29 |  |  | $ | 7.18 |  |  | $ | 7.16 |  |  | $ | 2.57 |  |  | $ | 2.56 |
Numerator (in millions): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income | $ | 822 |  |  | $ | 822 |  |  | $ | 317 |  |  | $ | 317 |  |  | $ | 359 |  |  | $ | 359 |  |  | $ | 129 |  |  | $ | 129 |
Effect of dilutive 2028 Notes | — |  |  | 1 |  |  | — |  |  | 6 |  |  | — |  |  | — |  |  | — |  |  | 2 |
Net income available to common stock | $ | 822 |  |  | $ | 823 |  |  | $ | 317 |  |  | $ | 323 |  |  | $ | 359 |  |  | $ | 359 |  |  | $ | 129 |  |  | $ | 131 |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted average of common stock outstanding for earnings per share | 50,137,826 |  | 50,137,826 |  | 50,365,813 |  | 50,365,813 |  | 50,008,320 |  | 50,008,320 |  | 50,325,075 |  | 50,325,075
Adjustment for assumed conversions | — |  | 201,119 |  | — |  | 990,268 |  | — |  | 201,119 |  | — |  | 990,268
Adjusted weighted average of common stock outstanding for earnings per share | 50,137,826 |  | 50,338,945 |  | 50,365,813 |  | 51,356,081 |  | 50,008,320 |  | 50,209,439 |  | 50,325,075 |  | 51,315,343
(*) Figures have been calculated using non-rounded amounts.

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