v3.26.3
Net Income Per Share
9 Months Ended
Sep. 30, 2026
Earnings Per Share [Abstract]  
NET INCOME PER SHARE NET INCOME PER SHARE
The following table sets forth the computation of basic and diluted net income per share (in millions, except per share amounts). Basic net income per share is calculated by dividing Net income by the weighted average of shares outstanding during the period. Diluted net income per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock. For the three and nine months ended September 30, 2026 and the nine months ended September 30, 2025, an immaterial number of shares related to the Company's restricted stock units were excluded from the denominator because inclusion of such shares would be antidilutive. There were no antidilutive restricted stock units for the three months ended September 30, 2025. During second quarter 2025, the Company's remaining balance of 1.25 percent Convertible Senior Notes due 2025 (the "Convertible Notes") of $1.6 billion was repaid, settling both principal and accrued interest. For the nine months ended September 30, 2025, the weighted average impact for the outstanding portion of the Convertible Notes during the period was antidilutive. See Note 10 for further information on the Convertible Notes.

Three months ended September 30,Nine months ended September 30,
(in millions, except per share amounts)2026202520262025
NUMERATOR:
Net income attributable to common stockholders$270 $54 $730 $118 
DENOMINATOR:
Weighted-average shares outstanding, basic489 523 492 548 
Dilutive effect of restricted stock units5 3 5 3 
Weighted-average shares outstanding, diluted494 526 497 551 
NET INCOME PER SHARE:
Basic$0.55 $0.10 $1.48 $0.21 
Diluted$0.55 $0.10 $1.47 $0.21 
Antidilutive amounts excluded from calculations:
Convertible debt— — — 20