v3.24.2
EARNINGS PER SHARE CALCULATIONS (Tables)
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share
The following tables provide earnings per share calculations for the three and six months ended June 30, 2024 and 2023:
Net Income for Earnings Per Share Calculations - Basic & DilutedThree Months Ended
June 30,
Six Months Ended
June 30,
In millions2024202320242023
Income from continuing operations, net of tax$176 $269 $359 $542 
Net income from continuing operations attributable to noncontrolling interests7 14 15 22 
Income from continuing operations attributable to common stockholders$169 $255 $344 $520 
Income (loss) from discontinued operations attributable to common stockholders, net of tax$9 $(386)$23 $(394)
Net income (loss) attributable to common stockholders$178 $(131)$367 $126 
Earnings Per Share Calculations - BasicThree Months Ended
June 30,
Six Months Ended
June 30,
Dollars per share2024202320242023
Earnings from continuing operations attributable to common stockholders$0.40 $0.56 $0.82 $1.13 
Earnings (loss) from discontinued operations, net of tax0.02 (0.84)0.05 (0.86)
Earnings (loss) attributable to common stockholders 1
$0.43 $(0.29)$0.87 $0.27 
Earnings Per Share Calculations - DilutedThree Months Ended
June 30,
Six Months Ended
June 30,
Dollars per share2024202320242023
Earnings from continuing operations attributable to common stockholders$0.40 $0.55 $0.82 $1.13 
Earnings (loss) from discontinued operations, net of tax0.02 (0.84)0.05 (0.86)
Earnings (loss) attributable to common stockholders 1
$0.42 $(0.28)$0.87 $0.27 
Share Count Information
Three Months Ended
June 30,
Six Months Ended
June 30,
Shares in millions2024202320242023
Weighted-average common shares - basic 417.8 459.2 420.3 459.0 
Plus dilutive effect of equity compensation plans 1.5 1.1 1.3 1.2 
Weighted-average common shares - diluted419.3 460.3 421.6 460.2 
Stock options, restricted stock units, and performance-based restricted stock units excluded from EPS calculations 2
1.1 3.0 2.1 2.6 
1.Earnings per share amounts are computed independently for income from continuing operations, income from discontinued operations and net income attributable to common stockholders. As a result, the per share amounts from continuing operations and discontinued operations may not equal the total per share amounts for net income attributable to common stockholders.
2.These outstanding options to purchase shares of common stock, restricted stock units and performance-based restricted stock units were excluded from the calculation of diluted earnings per share because the effect of including them would have been antidilutive.