v3.26.1
NET EARNINGS PER SHARE AND SHARE REPURCHASES (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Dilutive Potential Common Shares Diluted earnings per share is net earnings divided by the sum of the weighted average number of our outstanding common shares and the effect of our outstanding dilutive potential common shares.

 

 

QUARTER ENDED

 

 

YEAR-TO-DATE ENDED

 

SHARES IN THOUSANDS

 

JUNE 2026

 

 

JUNE 2025

 

 

JUNE 2026

 

 

JUNE 2025

 

Weighted average common shares outstanding – basic

 

 

721,421

 

 

 

723,682

 

 

 

721,356

 

 

 

724,906

 

Dilutive potential common shares:

 

 

 

 

 

 

 

 

 

 

 

 

Stock options

 

 

 

 

 

35

 

 

 

2

 

 

 

54

 

Restricted stock units

 

 

125

 

 

 

43

 

 

 

89

 

 

 

43

 

Performance share units

 

 

355

 

 

 

167

 

 

 

340

 

 

 

236

 

Total effect of outstanding dilutive potential common shares

 

 

480

 

 

 

245

 

 

 

431

 

 

 

333

 

Weighted average common shares outstanding – dilutive

 

 

721,901

 

 

 

723,927

 

 

 

721,787

 

 

 

725,239

 

Potential Shares Not Included in the Computation of Diluted Earnings per Share

The following shares were not included in the computation of diluted earnings per share because they were either antidilutive or the required performance or market conditions were not met. Some or all of these shares may be dilutive potential common shares in future periods.

 

 

QUARTER ENDED

 

 

YEAR-TO-DATE ENDED

 

SHARES IN THOUSANDS

 

JUNE 2026

 

 

JUNE 2025

 

 

JUNE 2026

 

 

JUNE 2025

 

Performance share units

 

 

824

 

 

 

815

 

 

 

824

 

 

 

815