XML 36 R26.htm IDEA: XBRL DOCUMENT v3.23.3
Earnings per share
9 Months Ended
Sep. 30, 2023
Earnings Per Share [Abstract]  
Earnings per share Earnings per share
Three Months EndedNine Months Ended
September 30September 30
2023202220232022
(in millions of U.S. dollars, except share and per share data)As AdjustedAs Adjusted
Numerator:
Net income$2,040 $792 $5,725 $3,935 
Net loss attributable to noncontrolling interests(3)— (3)— 
Net income attributable to Chubb$2,043 $792 $5,728 $3,935 
Denominator:
Denominator for basic earnings per share attributable to Chubb:
Weighted-average shares outstanding409,505,454 416,542,101 412,076,470 421,290,032 
Denominator for diluted earnings per share attributable to Chubb:
Share-based compensation plans3,100,505 3,076,855 3,288,940 3,733,449 
Weighted-average shares outstanding and assumed conversions
412,605,959 419,618,956 415,365,410 425,023,481 
Basic earnings per share attributable to Chubb$4.99 $1.90 $13.90 $9.34 
Diluted earnings per share attributable to Chubb$4.95 $1.89 $13.79 $9.26 
Potential anti-dilutive share conversions2,562,206 1,693,502 2,330,821 1,377,784 
Excluded from weighted-average shares outstanding and assumed conversions is the impact of securities that would have been anti-dilutive during the respective periods. These securities consisted of stock options in which the underlying exercise prices were greater than the average market prices of our Common Shares. Refer to Note 12 to the Consolidated Financial Statements of our 2022 Form 10-K for additional information on stock options.