v3.25.2
Earnings per Share
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Earnings per Share Earnings per Share
Basic earnings per share is calculated by dividing net income by the weighted average number of shares outstanding during the reported period. The calculation of diluted earnings per share is similar to basic earnings per share, except that the weighted average number of shares outstanding includes the dilution from potential shares resulting from stock options, restricted stock awards and other stock awards. The components of basic and diluted earnings per share are as follows:
 Three Months Ended
June 30,
Six Months Ended June 30,
In millions, except per share amounts2025202420252024
Net income attributable to common stockholders$$37 $53 $57 
Weighted average outstanding shares of common stock95.3 96.5 95.2 97.0 
Dilutive effect of employee stock options, restricted stock and other stock awards0.7 0.9 1.8 1.9 
Common stock and common stock equivalents96.0 97.4 97.0 98.9 
Net income per share:
Basic$0.09 $0.38 $0.56 $0.59 
Diluted$0.09 $0.38 $0.55 $0.58 
Options to purchase 0.1 million shares in the three and six months ended June 30, 2025, respectively, were not included in the computation of diluted earnings per share because the exercise prices of these options were greater than the average market price of the common shares for the period, and therefore would have been anti-dilutive. There were no anti-dilutive options excluded for the three and six months ended June 30, 2024.