The numerators and denominators of the basic and diluted EPS computations for our common stock are calculated as follows (in millions, except per share amounts):


	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
Basic EPS:
Numerator
Distributed earnings	$	1,353	$	1,327	$	2,699	$	2,656
Undistributed earnings	14,495		17,010		39,922		32,325
Net income	$	15,848	$	18,337	$	42,621	$	34,981
Denominator
Shares used in computation of basic EPS (1)	2,543		2,518		2,538		2,522
Basic EPS	$	6.23	$	7.28	$	16.79	$	13.87
Diluted EPS:
Numerator
Net income for diluted EPS	$	15,848	$	18,337	$	42,621	$	34,981
Denominator
Shares used in computation of basic EPS (1)	2,543		2,518		2,538		2,522
Effect of dilutive shares	23		52		27		58
Shares used in computation of diluted EPS	2,566		2,570		2,565		2,580
Diluted EPS	$	6.18	$	7.14	$	16.62	$	13.56

(1)Includes 2,201 million and 2,175 million shares of Class A common stock and 342 million and 343 million shares of Class B common stock, for the three months ended June 30, 2026 and 2025, respectively; and 2,196 million and 2,179 million shares of Class A common stock and 342 million and 343 million shares of Class B common stock, for the six months ended June 30, 2026 and 2025, respectively.