XML 25 R15.htm IDEA: XBRL DOCUMENT
v3.25.3

Net Income Per Share | 9 Months Ended
--- | ---
Sep. 30, 2025
Earnings Per Share [Abstract] |
NET INCOME PER SHARE | NET INCOME PER SHARE Basic net income per share is computed by dividing net income by the weighted-average number of shares of common stock outstanding during the period. Diluted net income per share is computed by dividing net income by the weighted-average number of shares of common stock outstanding during the period, plus the dilutive effects of restricted stock units (“RSUs”), stock options and performance stock units (“PSUs”). Dilutive shares of common stock are determined by applying the treasury stock method. A reconciliation of the numerator and denominator used in the calculation of basic and diluted net income per share is (in millions, except per share amounts):
| Three Months Ended |  | Nine Months Ended
| September 30, 2025 |  | September 30, 2024 |  | September 30, 2025 |  | September 30, 2024
Numerator: |  |  |  |  |  |  |
Net income | $ | 473.9 |  |  | $ | 539.9 |  |  | $ | 1,347.4 |  |  | $ | 1,219.0 |
Denominator: |  |  |  |  |  |  |
Basic shares: |  |  |  |  |  |  |
Weighted-average common stock outstanding-basic | 755.5 |  |  | 765.0 |  |  | 763.1 |  |  | 763.7 |
Diluted shares: |  |  |  |  |  |  |
Weighted-average common stock outstanding-basic | 755.5 |  |  | 765.0 |  |  | 763.1 |  |  | 763.7 |
Effect of potentially dilutive securities: |  |  |  |  |  |  |
RSUs | 1.9 |  |  | 2.0 |  |  | 2.6 |  |  | 2.1 |
Stock options | 3.4 |  |  | 4.4 |  |  | 4.0 |  |  | 4.7 |
PSUs | 0.4 |  |  | 0.5 |  |  | 0.5 |  |  | 0.3 |
Weighted-average shares used to compute diluted net income per share | 761.2 |  |  | 771.9 |  |  | 770.2 |  |  | 770.8 |
Net income per share |  |  |  |  |  |  |
Basic | $ | 0.63 |  |  | $ | 0.71 |  |  | $ | 1.77 |  |  | $ | 1.60 |
Diluted | $ | 0.62 |  |  | $ | 0.70 |  |  | $ | 1.75 |  |  | $ | 1.58 |
The following weighted-average shares of common stock were excluded from the computation of diluted net income per share for the periods presented, as their effect would have been antidilutive (in millions):
| Three Months Ended |  | Nine Months Ended
| September 30, 2025 |  | September 30, 2024 |  | September 30, 2025 |  | September 30, 2024
RSUs | 2.3 |  |  | 0.4 |  |  | 1.8 |  |  | 0.2 |
Stock options | 0.8 |  |  | 3.1 |  |  | 0.6 |  |  | 3.3 |
PSUs | — |  |  | — |  |  | — |  |  | 0.1 |
Total | 3.1 |  |  | 3.5 |  |  | 2.4 |  |  | 3.6 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration