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 March 31,
	2025		2024

Earnings attributable to Centene Corporation	$	1,311	$	1,163

Shares used in computing per share amounts:
Weighted average number of common shares outstanding	496,214		535,109
Common stock equivalents (as determined by applying the treasury stock method)	1,966		2,951
Weighted average number of common shares and potential dilutive common shares outstanding	498,180		538,060

Net earnings per common share attributable to Centene Corporation:
Basic earnings per common share	$	2.64	$	2.17
Diluted earnings per common share	$	2.63	$	2.16

The calculation of diluted earnings per common share for the three months ended March 31, 2025 and 2024 excludes 2,380 thousand shares and 684 thousand shares, respectively, related to anti-dilutive stock options, restricted stock and restricted stock units.