Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2025

The components of basic and diluted earnings per share (“EPS”) for common shares were as follows:


	Three Months Ended March 31,
		2025		2024
		(in millions, except per share data)
Numerator
Net income		$	3,280	$	3,011
Denominator
Basic weighted-average shares outstanding		912		933
Dilutive stock options and stock units		2		2
Diluted weighted-average shares outstanding 1		914		935
Earnings per Share
Basic		$	3.60	$	3.23
Diluted		$	3.59	$	3.22

Note: Table may not sum due to rounding.

1 For the periods presented, the calculation of diluted EPS excluded a minimal amount of anti-dilutive share-based payment awards.