v3.26.1
Income (Loss) per Share
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Income (Loss) per Share Income per Share
Basic income or loss per share is based on the weighted average number of common shares outstanding during the
period. Diluted income per share includes additional common shares that would have been outstanding if potential common
shares with a dilutive effect had been issued. Antidilutive securities represent potentially dilutive securities which are excluded
from the computation of diluted income or loss per share as their impact was antidilutive.
A reconciliation of the number of shares used for the basic and diluted income per share computations is as follows:
Three Months Ended
Six Months Ended
June 30,
June 30,
Millions of shares
2026
2025
2026
2025
Basic weighted average common shares outstanding
836
857
836
862
Dilutive effect of awards granted under our stock incentive plans
2
2
Diluted weighted average common shares outstanding
838
857
838
862
Antidilutive shares:
Weighted average options with exercise price greater than the
average market price
5
9
5
10
Total antidilutive shares
5
9
5
10