v3.26.1
Earnings per share
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Earnings per share Earnings per share
The computation of basic EPS is based on the weighted-average number of our common shares outstanding. The computation of diluted EPS is based on the weighted-average number of our common shares outstanding and dilutive potential common shares, which primarily include shares that may be issued under our stock option, restricted stock and performance unit award programs (collectively, dilutive securities), as determined by using the treasury stock method.
The computations for basic and diluted EPS were as follows (in millions, except per-share data):
Three months ended
June 30,
Six months ended
June 30,
2026202520262025
Income (Numerator):
Net income for basic and diluted EPS$2,375 $1,432 $4,194 $3,162 
Shares (Denominator):
Weighted-average shares for basic EPS540 538 540 538 
Effect of dilutive securities
Weighted-average shares for diluted EPS544 541 544 541 
Basic earnings per share$4.40 $2.66 $7.77 $5.88 
Diluted earnings per share$4.37 $2.65 $7.71 $5.84 
For the three and six months ended June 30, 2026 and 2025, the number of antidilutive employee stock-based awards excluded from the computation of diluted EPS was not significant.