v3.24.1.u1
Earnings Per Share
 3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
The following chart sets forth the computation of earnings per share (in millions, except per share amounts):

Three Months Ended March 31,
 20242023
Net income$158 $270 
Denominator for basic earnings per share—Weighted-average shares outstanding267.1 267.4 
Effect of dilutive securities:
Restricted stock units ("RSUs")0.5 0.7 
Performance-based RSUs ("PSUs")0.1 0.2 
Denominator for diluted earnings per share—Adjusted weighted-average shares outstanding267.7268.3
Basic earnings per share$0.59 $1.01 
Diluted earnings per share (1)
$0.59 $1.01 
(1)    Diluted earnings per share was computed using the treasury stock method for dilutive securities.