v3.24.3
EARNINGS PER SHARE
 9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
The table below illustrates the reconciliation of the earnings and number of shares used in our calculations of basic and diluted earnings per share, the latter of which uses the treasury stock method to calculate the dilutive effect of the Company’s potential common stock:
Three Months EndedNine Months Ended
(in millions, except per share amounts)September 30, 2024September 30, 2023September 30, 2024September 30, 2023
Computation of Basic Earnings Per Share
Net income$584 $752 $1,920 $2,235 
Shares for basic earnings per share281.5 298.6 285.9 303.9 
Basic earnings per share$2.08 $2.52 $6.71 $7.36 
Computation of Diluted Earnings Per Share
Net income$584 $752 $1,920 $2,235 
Shares for basic earnings per share281.5 298.6 285.9 303.9 
Effect of dilutive securities
Stock-based compensation0.9 1.5 1.0 1.4 
Shares for diluted earnings per share282.4 300.1 286.9 305.3 
Diluted earnings per share$2.07 $2.51 $6.69 $7.32