v3.26.1
Earnings per Share
 3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Earnings per Share Earnings per Share
The computations of basic and diluted earnings per share were as follows:
Three Months Ended March 31,
2026
2025
(in millions, except per share amounts)
Numerator:
Net income$915 $583 
Denominator:
Basic: Weighted-average common shares outstanding93.3 98.5 
Effect of potentially dilutive nonqualified stock options and other share-based awards1.2 1.5 
Diluted: Weighted-average common shares outstanding94.5 100.0 
Earnings per share:
Basic$9.81 $5.92 
Diluted$9.68 $5.83 
The calculation of diluted earnings per share includes the dilutive effect of the assumed exercise or issuance of stock-based awards using the treasury stock method. The calculation excludes the incremental effect of 0.2 million and 0.1 million options for the three months ended March 31, 2026 and 2025, respectively, due to their anti-dilutive effect.