Net Income Per Share The calculations of basic and diluted net income per share are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | (In millions, except per share data) | | 2025 | | 2024 | | 2025 | | 2024 | Net income - basic and diluted | | $ | 1,391.6 | | | $ | 1,432.3 | | | $ | 2,200.3 | | | $ | 2,154.3 | | | | | | | | | | | Weighted average shares - basic | | 105.1 | | | 108.1 | | | 105.9 | | | 108.0 | | Effect of dilutive securities: | | | | | | | | | Stock options | | 1.5 | | | 5.0 | | | 2.0 | | | 5.1 | | Restricted stock awards and restricted stock units | | 2.0 | | | 2.3 | | | 2.0 | | | 2.2 | | Weighted average shares - diluted | | 108.6 | | | 115.4 | | | 109.9 | | | 115.3 | | | | | | | | | | | Net income per share - basic | | $ | 13.24 | | | $ | 13.25 | | | $ | 20.78 | | | $ | 19.95 | | Net income per share - diluted | | $ | 12.81 | | | $ | 12.41 | | | $ | 20.02 | | | $ | 18.68 | |
Shares which have been excluded from diluted per share amounts because their effect would have been antidilutive include the following: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | (Shares in millions) | | 2025 | | 2024 | | 2025 | | 2024 | Stock options | | 6.3 | | | 1.5 | | | 6.2 | | | 1.5 | | Restricted stock awards and restricted stock units | | 1.0 | | | — | | | 1.0 | | | — | |
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