v3.26.1
EARNINGS PER SHARE (Tables)
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Net Income per Share Basic and diluted net income per share of common stock for the three and six months ended June 30, 2026, and 2025 was calculated as follows:

FOR THE THREE MONTHS ENDED JUNE 30,
(MILLIONS)
2026
2025
Class A Shares
Class B Shares
Class A Shares
Class B Shares
Numerator
Net income$904 $— $619 $— 
Denominator
Weighted average of common stock outstanding - basic1,597.6 — 1,612.6 — 
Dilutive effect of conversion of management share options and escrowed stock using treasury stock method14.9 — 15.7 — 
Weighted average of common stock outstanding - diluted1,612.5 — 1,628.3 — 
Net Income per Share
Earnings per share - basic$0.56 $0.56 $0.38 $0.38 
Earnings per share - diluted$0.56 $0.56 $0.38 $0.38 

FOR THE SIX MONTHS ENDED JUNE 30,
(MILLIONS)
2026
2025
Class A Shares
Class B Shares
Class A Shares
Class B Shares
Numerator
Net income$1,518 $— $1,199 $— 
Denominator
Weighted average of common stock outstanding - basic1,602.0 — 1,613.0 — 
Dilutive effect of conversion of management share options and escrowed stock using treasury stock method12.3 — 16.0 — 
Weighted average of common stock outstanding - diluted1,614.3 — 1,629.0 — 
Net Income per Share
Earnings per share - basic$0.95 $0.95 $0.74 $0.74 
Earnings per share - diluted$0.94 $0.95 $0.74 $0.74 
Schedule of Weighted Average Potentially Dilutive Securities
The following weighted average potentially dilutive securities were evaluated under the treasury stock method for potentially dilutive effects and have been excluded in the above computation of diluted net income per share attributable to common shareholders for the period presented due to their anti-dilutive effect:
Three Months EndedSix Months Ended

FOR THE PERIODS ENDED JUNE 30,
(MILLIONS)
2026202520262025
Management share options of BAM12.2 4.7 10.2 3.0 
Escrowed stock of BAM6.9 3.6 6.9 3.6 
Total19.1 8.3 17.1 6.6