The Company computes basic net income per share by dividing net income applicable to common stockholders by the weighted-average number of common shares outstanding during the period. Diluted net income per share is based upon the weighted-average number of common and common equivalent shares outstanding during the period. Only dilutive common equivalent shares that decrease the net income per share are included in the computation of diluted net income per share.

Common equivalent shares related to stock options, restricted stock units, and performance share units are calculated using the treasury stock method. Performance share units are included in the weighted-average common equivalent shares based on the number of shares that would be issued if the end of the reporting period were the end of the performance period, if the result would be dilutive.

A reconciliation of the weighted-average number of shares outstanding used in calculating diluted net income per share is as follows:


	Three Months Ended June 30,		Six Months Ended June 30,
(In millions)	2026	2025	2026	2025
Weighted-average number of basic common shares outstanding	768	812	779	817
Weighted-average dilutive stock options, restricted stock units, and performance share units	2	3	3	4

Weighted-average number of diluted common and common equivalent shares outstanding	770	815	782	821