v3.26.1
Earnings per share (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted EPS under Two-class Method

The computation of basic and diluted earnings per share is set forth in the table below.

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

(In millions, except per share amounts)

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted:

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to controlling interest

 

$

100

 

 

$

167

 

 

$

242

 

 

$

334

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Basic: Weighted average common stock

 

 

74.1

 

 

 

77.1

 

 

 

74.3

 

 

 

77.3

 

Add: Weighted average stock options/share awards

 

 

0.1

 

 

 

0.2

 

 

 

0.2

 

 

 

0.2

 

Diluted weighted average common stock:

 

 

74.2

 

 

 

77.3

 

 

 

74.5

 

 

 

77.5

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings per share - basic

 

$

1.35

 

 

$

2.17

 

 

$

3.25

 

 

$

4.32

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings per share - diluted

 

$

1.35

 

 

$

2.16

 

 

$

3.24

 

 

$

4.31