v3.24.3
EARNINGS PER SHARE CALCULATIONS
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
EARNINGS PER SHARE CALCULATIONS EARNINGS PER SHARE CALCULATIONS
The following tables provide earnings per share calculations for the three and nine months ended September 30, 2024 and 2023:
Net Income for Earnings Per Share Calculations - Basic & DilutedThree Months Ended
September 30,
Nine Months Ended
September 30,
In millions2024202320242023
Income from continuing operations, net of tax$480 $291 $839 $833 
Net income from continuing operations attributable to noncontrolling interests8 9 23 31 
Income from continuing operations attributable to common stockholders$472 $282 $816 $802 
(Loss) income from discontinued operations attributable to common stockholders, net of tax$(18)$37 $5 $(357)
Net income attributable to common stockholders$454 $319 $821 $445 
Earnings Per Share Calculations - BasicThree Months Ended
September 30,
Nine Months Ended
September 30,
Dollars per share2024202320242023
Earnings from continuing operations attributable to common stockholders$1.13 $0.62 $1.95 $1.76 
(Loss) earnings from discontinued operations, net of tax(0.04)0.08 0.01 (0.78)
Earnings attributable to common stockholders 1
$1.09 $0.71 $1.96 $0.97 
Earnings Per Share Calculations - DilutedThree Months Ended
September 30,
Nine Months Ended
September 30,
Dollars per share2024202320242023
Earnings from continuing operations attributable to common stockholders$1.13 $0.62 $1.94 $1.75 
(Loss) earnings from discontinued operations, net of tax(0.04)0.08 0.01 (0.78)
Earnings attributable to common stockholders 1
$1.08 $0.70 $1.95 $0.97 
Share Count Information
Three Months Ended
September 30,
Nine Months Ended
September 30,
Shares in millions2024202320242023
Weighted-average common shares - basic 417.9 451.7 419.5 456.5 
Plus dilutive effect of equity compensation plans 1.6 1.7 1.3 1.3 
Weighted-average common shares - diluted419.5 453.4 420.8 457.8 
Stock options, restricted stock units, and performance-based restricted stock units excluded from EPS calculations 2
1.0 1.7 1.5 2.8 
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.