v3.26.1
Earnings Per Share:
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Earnings Per Share: Earnings Per Share:
Basic and diluted earnings per share (“EPS”) were calculated using the following:
(in millions)For the Six Months Ended June 30,For the Three Months Ended June 30,
 2026202520262025
Net earnings attributable to PMI$5,255 $5,729 $2,817 $3,039 
Less distributed and undistributed earnings attributable to share-based payment awards (1)
14 16 
Net earnings for basic and diluted EPS$5,241 $5,713 $2,810 $3,031 
Weighted-average shares for basic EPS1,558 1,556 1,559 1,557 
Plus contingently issuable performance stock units (PSUs)(1)
Weighted-average shares for diluted EPS1,560 1,558 1,560 1,558 
(1) Including rounding adjustment

Unvested share-based payment awards that contain non-forfeitable rights to dividends or dividend equivalents are participating securities and therefore are included in PMI’s earnings per share calculation pursuant to the two-class method.

For the 2026 and 2025 computations, there were no antidilutive stock awards.