For the Three Months Ended

For the Six Months Ended

June 30,

 

2026

 

2025

 

2026

 

2025

Numerator (basic and diluted):

Net income

$

715,064

$

668,595

$

1,319,245

$

1,207,080

Denominator:

Weighted-average common shares outstanding – basic

825,197

854,003

831,853

856,768

Effect of stock options ⁽¹⁾

3,678

4,437

3,808

4,600

Weighted-average common shares outstanding – assuming dilution

828,875

858,440

835,661

861,368

Earnings per share:

Earnings per share-basic

$

0.87

$

0.78

$

1.59

$

1.41

Earnings per share-assuming dilution

$

0.86

$

0.78

$

1.58

$

1.40

Antidilutive potential common shares not included in the calculation of diluted earnings per share:

Stock options ⁽¹⁾

1,625

1,240

1,625

1,513

Weighted-average exercise price per share of antidilutive stock options ⁽¹⁾

$

91.22

$

82.24

$

90.96

$

78.64