v3.25.4
EARNINGS PER SHARE
12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
The table below illustrates the reconciliation of the earnings and number of shares used in our calculations of basic and diluted earnings per share, the latter of which uses the treasury stock method to calculate the dilutive effect of the Company’s potential common stock:
(in millions, except per share amounts)202520242023
Computation of Basic Earnings Per Share
Net income$2,601 $2,375 $3,083 
Shares for basic earnings per share272.9 284.2 301.5 
Basic earnings per share$9.53 $8.36 $10.23 
Computation of Diluted Earnings Per Share
Net income$2,601 $2,375 $3,083 
Shares for basic earnings per share272.9 284.2 301.5 
Effect of dilutive securities
Stock-based compensation0.7 1.0 1.4 
Shares for diluted earnings per share273.6 285.2 302.9 
Diluted earnings per share
$9.51 $8.33 $10.18