| Earnings Per Share The following table sets forth the computation of basic and diluted earnings per share ("EPS") for the periods presented ($ in millions except per share data; share data in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | | 2026 | | 2025 | | 2026 | | 2025 | | Net income | $ | 477 | | | $ | 367 | | | $ | 892 | | | $ | 710 | | | Net (income) loss attributable to non-controlling interests | 2 | | | 1 | | | 2 | | | 1 | | | Net income attributable to common stockholders | $ | 479 | | | $ | 368 | | | $ | 894 | | | $ | 711 | | | | | | | | | | | Weighted-average shares used to calculate basic EPS | 98,641 | | | 97,835 | | | 98,516 | | | 97,674 | | | Effect of dilutive securities: | | | | | | | | | Employee equity awards | 495 | | | 215 | | | 415 | | | 294 | | | Weighted-average shares used to calculate diluted EPS | 99,136 | | | 98,050 | | | 98,931 | | | 97,968 | | | | | | | | | | | EPS attributable to common stockholders: | | | | | | | | | Basic EPS | $ | 4.86 | | | $ | 3.76 | | | $ | 9.07 | | | $ | 7.28 | | | Diluted EPS | $ | 4.83 | | | $ | 3.75 | | | $ | 9.04 | | | $ | 7.26 | |
The following table sets forth potential shares of common stock that are not included in the diluted EPS calculation above because to do so would be anti-dilutive for the periods presented (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | Common stock related to employee equity awards | 2 | | | 219 | | | 108 | | | 145 | | | Forward equity sale agreements | 163 | | | — | | | 55 | | | — | |
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