v3.24.3
Earnings Per Share
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
The following table sets forth the calculation of basic and diluted net earnings per common share ($ in millions, except per share data in dollars and shares in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
 2024202320242023
Earnings attributable to Centene Corporation$713 $469 $3,022 $2,657 
Shares used in computing per share amounts: 
Weighted average number of common shares outstanding521,965 539,535 528,912 546,374 
Common stock equivalents (as determined by applying the treasury stock method)1,577 1,735 2,003 2,038 
Weighted average number of common shares and potential dilutive common shares outstanding523,542 541,270 530,915 548,412 
Net earnings per common share attributable to Centene Corporation:
Basic earnings per common share$1.37 $0.87 $5.71 $4.86 
Diluted earnings per common share$1.36 $0.87 $5.69 $4.85 

The calculation of diluted earnings per common share for the three months ended September 30, 2024 and 2023 excludes 273 thousand shares and 1,313 thousand shares, respectively, related to anti-dilutive stock options, restricted stock and restricted stock units.

The calculation of diluted earnings per common share for the nine months ended September 30, 2024 and 2023 excludes 266 thousand shares and 1,383 thousand shares, respectively, related to anti-dilutive stock options, restricted stock and restricted stock units.