Basic earnings per share are computed using the weighted-average number of common shares outstanding during the year. Diluted earnings per share are computed using the weighted-average number of common shares and common share equivalents outstanding during the year. Common share equivalents represent the dilutive effect of outstanding equity-based awards. The reconciliation of the numerator and denominator of basic and diluted earnings per share was as follows (shares in millions):


For the years ended June 30,	2026		2025		2024
Numerator
Net income attributable to common shareholders	$	3,648	$	3,531	$	2,844
Denominator
Basic - weighted-average common shares	126.3		128.3		128.5
Dilutive effect of equity-based awards	1.8		1.9		1.7
Diluted - weighted-average common shares	128.1		130.2		130.2
Basic earnings per share(1)	$	28.89	$	27.52	$	22.13
Diluted earnings per share(1)	$	28.48	$	27.12	$	21.84

(1) Figures in the table may not recalculate exactly due to rounding. Earnings per share is computed using unrounded numbers.

For 2026, 2025 and 2024, 0.3 million, 0.3 million and 0.4 million common shares, respectively, subject to equity-based awards were excluded from the computation of diluted earnings per share because the effect of their exercise would be anti-dilutive.