v3.26.1
Earnings per Share
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Earnings per Share Earnings per Share
The computations of basic and diluted earnings per share were as follows:
Three Months Ended June 30,
Six Months Ended June 30,
2026
2025
2026
2025
(in millions, except per share amounts)
Numerator:
Net income$1,113 $1,060 $2,028 $1,643 
Denominator:
Basic: Weighted-average common shares outstanding91.8 97.4 92.6 97.9 
Effect of potentially dilutive nonqualified stock options and other share-based awards1.1 1.4 1.1 1.5 
Diluted: Weighted-average common shares outstanding92.9 98.8 93.7 99.4 
Earnings per share:
Basic$12.12 $10.88 $21.90 $16.78 
Diluted$11.98 $10.73 $21.64 $16.53 
The calculation of diluted earnings per share includes the dilutive effect of the assumed exercise or issuance of stock-based awards using the treasury stock method. The calculation excludes the incremental effect of nil options for both the three months ended June 30, 2026 and 2025, and 0.2 million and 0.1 million options for the six months ended June 30, 2026 and 2025, respectively, due to their anti-dilutive effect.