v3.26.1
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share
Basic and diluted earnings per share were computed as follows:
Three Months Ended
June 30, 2026June 30, 2025
(Shares in thousands, dollars in millions, except per share amounts)BasicEffect of
Dilution
DilutedBasicEffect of
Dilution
Diluted
Shareholders' net income$1,660 $1,660 $1,532 $1,532 
Shares:
Weighted average262,986 262,986 266,181 266,181 
Common stock equivalents976 976 1,973 1,973 
Total shares262,986 976 263,962 266,181 1,973 268,154 
Earnings per share$6.31 $(0.02)$6.29 $5.76 $(0.05)$5.71 
Six Months Ended
June 30, 2026June 30, 2025
(Shares in thousands, dollars in millions, except per share amounts)BasicEffect of
Dilution
DilutedBasicEffect of
Dilution
Diluted
Shareholders' net income
$3,314 $3,314 $2,855 $2,855 
Shares:
Weighted average262,867 262,867 268,511 268,511 
Common stock equivalents1,123 1,123 2,029 2,029 
Total shares262,867 1,123 263,990 268,511 2,029 270,540 
Earnings per share$12.61 $(0.06)$12.55 $10.63 $(0.08)$10.55 
Outstanding Employee Stock Options Not Included in the Computation of Diluted Earnings Per Share
The following outstanding employee stock options were not included in the computation of diluted earnings per share because their effect was anti-dilutive:
Three Months Ended June 30,Six Months Ended June 30,
(In millions)2026202520262025
Anti-dilutive options2.2 1.5 2.3 1.9