v3.26.1
EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Net Income per Share Basic and diluted net income per share of common stock for the three months ended March 31, 2026, and 2025 was calculated as follows:

FOR THE THREE MONTHS ENDED MARCH 31,
(MILLIONS)
2026
2025
Class A Shares
Class B Shares
Class A Shares
Class B Shares
Numerator
Net income$615 $ $580 $— 
Denominator
Weighted average of common stock outstanding - basic1,606.5  1,613.5 — 
Dilutive effect of conversion of options and escrowed shares using treasury stock method12.8  16.3 — 
Weighted average of common stock outstanding - diluted1,619.3  1,629.8 — 
Net Income per Share
Earnings per share - basic$0.38 $0.38 $0.36 $0.36 
Earnings per share - diluted$0.38 $0.38 $0.36 $0.36 
Schedule of Weighted Average Potentially Dilutive Securities
The following weighted average potentially dilutive securities were evaluated under the treasury stock method for potentially dilutive effects and have been excluded in the above computation of diluted net income per share attributable to common shareholders for the period presented due to their anti-dilutive effect:

FOR THE THREE MONTHS ENDED MARCH 31,
(MILLIONS)
20262025
Management stock options of BAM8.2 1.2 
Escrow shares of BAM6.9 3.6 
Total15.1 4.8