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NET INCOME PER SHARE (Tables) | 9 Months Ended
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Sep. 30, 2024
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, 2024 and 2023:
| Nine Months Ended September 30, |  | Three Months Ended September 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
| Basic |  | Diluted |  | Basic |  | Diluted |  | Basic |  | Diluted |  | Basic |  | Diluted
Net income per common share (1) | $ | 25.09 |  |  | $ | 25.09 |  |  | $ | 16.40 |  |  | $ | 16.36 |  |  | $ | 7.83 |  |  | $ | 7.83 |  |  | $ | 7.18 |  |  | $ | 7.16 |
Numerator (in millions): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income | $ | 1,272 |  |  | $ | 1,272 |  |  | $ | 822 |  |  | $ | 822 |  |  | $ | 397 |  |  | $ | 397 |  |  | $ | 359 |  |  | $ | 359 |
Effect of dilutive 2028 Notes | — |  |  | — |  |  | — |  |  | 1 |  |  | — |  |  | — |  |  | — |  |  | — |
Net income available to common stock | $ | 1,272 |  |  | $ | 1,272 |  |  | $ | 822 |  |  | $ | 823 |  |  | $ | 397 |  |  | $ | 397 |  |  | $ | 359 |  |  | $ | 359 |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted average of common stock outstanding for earnings per share | 50,697,442 |  | 50,697,442 |  | 50,137,826 |  | 50,137,826 |  | 50,697,438 |  | 50,697,438 |  | 50,008,320 |  | 50,008,320
Adjustment for assumed conversions | — |  | — |  | — |  | 201,119 |  | — |  | — |  | — |  | 201,119
Adjusted weighted average of common stock outstanding for earnings per share | 50,697,442 |  | 50,697,442 |  | 50,137,826 |  | 50,338,945 |  | 50,697,438 |  | 50,697,438 |  | 50,008,320 |  | 50,209,439
(1) Figures have been calculated using non-rounded amounts.

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