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Earnings Per Share | 12 Months Ended
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Dec. 31, 2024
Earnings Per Share [Abstract] |
Earnings Per Share | 13. EARNINGS PER SHARE Basic earnings per share is determined by dividing net income attributable to common shareholders by the weighted average number of common shares outstanding during the period. Diluted EPS is computed by dividing net income attributable to common shareholders by the weighted average number of common shares outstanding during the period, adjusted for the exercise and/or conversion of all potentially dilutive securities. Such dilutive items include Company contributions to the senior management stock option plan, convertible debentures and shares issued under the DRIP. The following table reconciles the computation of basic and diluted earnings per share: For the Year ended December 31 millions of dollars (except per share amounts) 2024 2023 Numerator Net income attributable to common shareholders $ 493.6 $ 977.7 Diluted numerator 493.6 977.7 Denominator Weighted average shares of common stock outstanding – basic 289.1 273.6 Stock-based compensation 0.1 0.2 Weighted average shares of common stock outstanding – diluted 289.2 273.8 Earnings per common share Basic $ 1.71 $ 3.57 Diluted $ 1.71 $ 3.57

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