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Earnings Per Share
 12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Earnings Per Share

NOTE 16.    Earnings Per Share:

The computation of basic and diluted earnings per share is as follows:

 

 

Year ended December 31,

 

 

2021

 

 

2020

 

 

2019

 

 

(in millions, except per share data)

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to the Company

$

1,241

 

 

$

696

 

 

$

707

 

Denominator

 

 

 

 

 

 

 

 

 

 

 

Basic weighted-average common shares

 

111.0

 

 

 

112.7

 

 

 

113.1

 

Effect of dilutive employee stock options and RSUs

 

0.4

 

 

 

0.3

 

 

 

0.6

 

Diluted weighted-average common shares

 

111.4

 

 

 

113.0

 

 

 

113.7

 

Net income per share attributable to the Company’s stockholders (1)

 

 

 

 

 

 

 

 

 

 

 

Basic

$

11.18

 

 

$

6.18

 

 

$

6.26

 

Diluted

$

11.14

 

 

$

6.16

 

 

$

6.22

 

 

 

(1)

Net income per share may not recalculate due to rounding.

For the years ended December 31, 2021 and 2019, RSUs excluded from diluted weighted-average common shares outstanding due to their antidilutive effect were not material.  For the year ended December 31, 2020, 203 thousand RSUs were excluded from the weighted-average diluted common shares outstanding due to their antidilutive effect.  No stock options have been outstanding since all remaining stock options were exercised during the fourth quarter of 2019.