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Net Earnings (Loss) per Share
3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Net Earnings (Loss) per Share Net Earnings (Loss) per Share
The basic weighted average shares and common stock equivalents for the three months ended March 31, 2025 and 2024, were computed using the treasury stock method.
The following table summarizes net earnings (loss) and net earnings (loss) per share attributable to FIS for the three months ended March 31, 2025 and 2024 (in millions, except per share amounts):
 Three months ended March 31,
 20252024
Net earnings (loss) from continuing operations attributable to FIS$77 $(1)
Net earnings (loss) from discontinued operations attributable to FIS — 707 
Net earnings (loss) attributable to FIS$77 $706 
Weighted average shares outstanding-basic528 576 
Plus: Common stock equivalent shares
Weighted average shares outstanding-diluted531 578 
Net earnings (loss) per share-basic from continuing operations attributable to FIS$0.15 $— 
Net earnings (loss) per share-basic from discontinued operations attributable to FIS— 1.23 
Net earnings (loss) per share-basic attributable to FIS$0.15 $1.23 
Net earnings (loss) per share-diluted from continuing operations attributable to FIS $0.15 $— 
Net earnings (loss) per share-diluted from discontinued operations attributable to FIS— 1.22 
Net earnings (loss) per share-diluted attributable to FIS$0.15 $1.22 

Options to purchase approximately 6 million and 8 million shares of our common stock during the three months ended March 31, 2025 and 2024, respectively, were not included in the computation of diluted earnings per share because they were anti-dilutive.

In January 2021, our Board of Directors approved a share repurchase program under which it authorized the Company to repurchase up to 100 million shares of our common stock. In August 2024, our Board of Directors approved a separate, incremental share repurchase program authorizing the repurchase of up to $3.0 billion in aggregate value of shares of our common stock. Repurchases under these programs will be made at management's discretion from time to time on the open market or in privately negotiated transactions and through Rule 10b5-1 plans. Neither of these repurchase programs has an expiration date, and either program may be suspended for periods, amended or discontinued at any time. During the quarter ended March 31, 2025, the Company repurchased the final 1.4 million shares available for repurchase under the January 2021 share repurchase program for approximately $110.3 million. After exhausting the January 2021 repurchase program, the Company repurchased, during the quarter ended March 31, 2025, an additional 5 million shares for approximately $340 million under the August 2024 share repurchase program. Approximately $2.7 billion remained available for repurchase under the August 2024 share repurchase program as of March 31, 2025.