v3.25.2
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Numerators and Denominators Used to Calculate Basic EPS and Diluted EPS

The following table reconciles the numerators and denominators used to calculate basic EPS and diluted EPS (in millions, except per share data):

 

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Net income

 

$

195

 

 

$

187

 

 

$

387

 

 

$

356

 

Weighted average shares of common stock outstanding

 

 

84

 

 

 

87

 

 

 

85

 

 

 

88

 

Dilutive effect of stock-based awards

 

 

1

 

 

 

1

 

 

 

1

 

 

 

 

Diluted weighted average shares of common stock outstanding

 

 

85

 

 

 

88

 

 

 

86

 

 

 

88

 

Basic earnings per share attributable to common stockholders

 

$

2.32

 

 

$

2.15

 

 

$

4.55

 

 

$

4.05

 

Diluted earnings per share attributable to common stockholders

 

$

2.29

 

 

$

2.13

 

 

$

4.50

 

 

$

4.05