3. Earnings per share The following table presents the reconciliation of basic and diluted earnings per share for the three and six months ended June 30, 2026: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (in millions, except per share data) | Three months ended June 30, 2026 | Six months ended June 30, 2026 | Earnings (numerator) | | Weighted average shares outstanding (denominator) | | Earnings per share | Earnings (numerator) | | Weighted average shares outstanding (denominator) | | Earnings per share | | Basic | $ | 38.1 | | | 676.2 | | | $ | 0.06 | | $ | 81.4 | | | 675.9 | | | $ | 0.12 | | | Dilutive effect of stock-based awards | — | | | 1.0 | | | | — | | | 1.0 | | | | | | | | | | | | | | | | Diluted | $ | 38.1 | | | 677.2 | | | $ | 0.06 | | $ | 81.4 | | | 676.9 | | | $ | 0.12 | |
The following table presents the reconciliation of basic and diluted earnings per share for the three and six months ended June 30, 2025: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (in millions, except per share data) | Three months ended June 30, 2025 | | Six months ended June 30, 2025 | | | | Earnings (numerator) | | Weighted average shares outstanding (denominator) | | Earnings per share | | Earnings (numerator) | | Weighted average shares outstanding (denominator) | | Earnings per share | | | | | | | | Basic | $ | 64.7 | | | 681.5 | | | $ | 0.09 | | | $ | 129.2 | | | 681.3 | | | $ | 0.19 | | | | | | | | | Dilutive effect of stock-based awards | — | | | 0.3 | | | | | — | | | 0.7 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Diluted | $ | 64.7 | | | 681.8 | | | $ | 0.09 | | | $ | 129.2 | | | 682.0 | | | $ | 0.19 | | | | | | | |
Certain stock options and RSUs are not included in the diluted earnings per share calculation when the effect would have been anti-dilutive. The number of anti-dilutive shares not included were 20.9 million and 20.9 million for the three and six months ended June 30, 2026, respectively, and 16.7 million and 14.7 million for the three and six months ended June 30, 2025, respectively
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