XML 35 R21.htm IDEA: XBRL DOCUMENT v3.24.2
EARNINGS PER SHARE
 6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
Earnings per share is computed by dividing Net income attributable to common shareowners by the weighted-average number of shares of common stock outstanding during the period (excluding treasury stock). Diluted earnings per share is computed by giving effect to all potentially dilutive stock awards that are outstanding. The computation of diluted earnings per share excludes the effect of the potential exercise of stock-based awards, including stock appreciation rights and stock options, when the effect of the potential exercise would be anti-dilutive.

The following table summarizes the weighted-average number of shares of common stock outstanding for basic and diluted earnings per share calculations:

 Three Months Ended June 30,Six Months Ended June 30,
(In millions, except per share amounts)2024202320242023
Net income attributable to common shareowners$2,337 $199 $2,606 $572 
Basic weighted-average number of shares outstanding902.4 836.0 900.2 835.5 
Stock awards and equity units (share equivalent)12.9 14.9 13.4 16.0 
Diluted weighted-average number of shares outstanding915.3 850.9 913.6 851.5 
Antidilutive shares excluded from computation of diluted earnings per share4.1 5.9 4.1 5.6 
Earnings Per Share
Basic$2.59 $0.24 $2.90 $0.68 
Diluted$2.55 $0.23 $2.85 $0.67