| Schedule of the Reconciliation of the Basic and Diluted Weighted Average Number of Shares Outstanding |
The following table summarizes the reconciliation of the basic weighted average number of shares outstanding and the diluted weighted average number of shares outstanding: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended June 30, | | Six months ended June 30, | | | | 2026 | | 2025 | | 2026 | | 2025 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (in US $ millions, except share and per share amounts) | | Numerator: | | | | | | | | | | | | | Net income | 1,502 | | | 906 | | | 921 | | | 224 | | | | | | | | | | | | | | | | | | | Denominator: | | | | | | | | | | | | | Basic weighted average number of shares outstanding | 1,295,220,307 | | 1,297,746,050 | | 1,299,266,611 | | 1,296,593,342 | | | | | | Weighted average effect of dilutive securities: | | | | | | | | | | | | | Stock options | 2,062,973 | | 3,290,102 | | 2,477,142 | | 3,700,679 | | | | | | Restricted share units | 655,853 | | 1,557,363 | | 882,310 | | 1,768,333 | | | | | | Convertible senior notes | — | | 6,388,480 | | — | | 6,388,480 | | | | | | Deferred share units | 1,825 | | 11,843 | | 1,864 | | 12,705 | | | | | | Diluted weighted average number of shares | 1,297,940,958 | | 1,308,993,838 | | 1,302,627,927 | | 1,308,463,539 | | | | | | | | | | | | | | | | | | Net income per share: | | | | | | | | | | | | | Basic | $ | 1.16 | | | $ | 0.70 | | | $ | 0.71 | | | $ | 0.17 | | | | | | | Diluted | $ | 1.16 | | | $ | 0.69 | | | $ | 0.71 | | | $ | 0.17 | | | | | | | | | | | | | | | | | | | Common stock equivalents excluded from net income per diluted share because they are anti-dilutive: | | | | | | | | | | | | | Stock options | 958,367 | | 675,113 | | | 570,252 | | | 458,122 | | | | | | | Restricted share units | 208,663 | | 145,745 | | | 271,799 | | | 195,807 | | | | | | | | | | | | | | | | | | | Deferred share units | 34 | | 102 | | | 340 | | | 95 | | | | | | | 1,167,064 | | 820,960 | | | 842,391 | | | 654,024 | | | | | |
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