The Company's basic earnings per share ("EPS") is computed by dividing net income by the weighted average number of common shares outstanding during the period.

Diluted EPS reflects the potential dilution that could occur if dilutive securities were exercised into common stock. Stock options, restricted stock units and performance stock units are considered dilutive securities.

A reconciliation of basic and diluted earnings per share is as follows (in millions of dollars and shares, except per share amounts):


	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024(1)		2025		2024(1)
Basic EPS attributable to common shareholders
Net income (loss) attributable to CNH Industrial N.V.	$	213	$	399	$	344	$	767
Weighted average common shares outstanding—basic	1,250		1,256		1,249		1,258
Basic earnings (loss) per share	$	0.17	$	0.32	$	0.28	$	0.61
Diluted EPS attributable to common shareholders
Weighted average common shares outstanding—basic	1,250		1,256		1,249		1,258
Dilutive effect of stock compensation plans(2)	3		4		4		9
Weighted average common shares outstanding—diluted	1,253		1,260		1,253		1,267
Diluted earnings (loss) per share	$	0.17	$	0.32	$	0.27	$	0.61

(2)For the three and six months ended June 30, 2025, no shares were excluded from the computation of diluted earnings per share as all shares were dilutive. For the three and six months ended June 30, 2024, 22,000 and 312,000 shares were excluded from the computation of diluted earnings per share due to an anti-dilutive impact.