Net Income Per Share (Tables)

6 Months Ended

Jun. 30, 2026

Schedule of Earnings Per Share, Basic and Diluted

A reconciliation of the numerator and denominator used in the calculation of basic and diluted net income per share is (in millions, except per share amounts):


	Three Months Ended				Six Months Ended
	June 30, 2026		June 30, 2025		June 30, 2026		June 30, 2025
Numerator:
Net income	$	606.3	$	440.1	$	1,140.8	$	873.5

Denominator:
Basic shares:
Weighted-average common stock outstanding-basic	733.1		765.5		735.9		766.9
Diluted shares:
Weighted-average common stock outstanding-basic	733.1		765.5		735.9		766.9
Effect of potentially dilutive securities:
RSUs	3.1		2.6		2.1		3.0
Stock options	3.1		4.0		2.8		4.3
PSUs	0.6		0.6		0.5		0.6
Weighted-average shares used to compute diluted net income per share	739.9		772.7		741.3		774.8
Net income per share
Basic	$	0.83	$	0.57	$	1.55	$	1.14
Diluted	$	0.82	$	0.57	$	1.54	$	1.13

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following weighted-average shares of common stock were excluded from the computation of diluted net income per share for the periods presented, as their effect would have been antidilutive (in millions):


	Three Months Ended		Six Months Ended
	June 30, 2026	June 30, 2025	June 30, 2026	June 30, 2025
RSUs	0.3	2.1	1.3	1.5
Stock options	0.6	0.6	1.0	0.5

Total	0.9	2.7	2.3	2.0