| Schedule of the Reconciliation of the Basic and Diluted Weighted Average Number of Shares Outstanding |
The following table summarizes the reconciliation of the basic weighted average number of shares outstanding and the diluted weighted average number of shares outstanding: | | | | | | | | | | | | | | | | | | | | | | | | | Years ended | | | | | | December 31, 2025 | | December 31, 2024 | | December 31, 2023 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (in US $ millions, except share and share price amounts) | | Numerator: | | | | | | | | | | | Net income | | | | | 1,231 | | | 2,019 | | | 132 | | | | | | | | | | | | | Denominator: | | | | | | | | | | | Basic weighted average number of shares outstanding | | | | | 1,298,955,860 | | 1,289,812,124 | | 1,281,554,559 | | Weighted average effect of dilutive securities: | | | | | | | | | | | Stock options | | | | | 4,192,190 | | 3,988,316 | | 4,586,659 | | Restricted share units | | | | | 1,798,098 | | 1,307,610 | | 2,974,367 | | Convertible senior notes | | | | | — | | 6,388,480 | | 6,388,480 | | Deferred share units | | | | | 7,107 | | 13,450 | | 7,320 | | Diluted weighted average number of shares | | | | | 1,304,953,255 | | 1,301,509,980 | | 1,295,511,385 | | | | | | | | | | | | Net income per share: | | | | | | | | | | | Basic | | | | | $ | 0.95 | | | $ | 1.57 | | | $ | 0.10 | | | Diluted | | | | | $ | 0.94 | | | $ | 1.55 | | | $ | 0.10 | | | | | | | | | | | | | Common stock equivalents excluded from net income per diluted share because they are anti-dilutive: | | | | | | | | | | | Stock options | | | | | 61,010 | | 858,528 | | | 150,558 | | | Restricted share units | | | | | 254,300 | | 459,136 | | | 1,058,628 | | | Deferred share units | | | | | 392 | | 125 | | | — | | | | | | | 315,702 | | 1,317,789 | | | 1,209,186 | |
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