Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE

v3.22.2
EARNINGS PER SHARE
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
The earnings per share amounts are the same for class A and class B common shares as the holders of each class are legally entitled to equal per-share distributions whether through dividends or in liquidation.
The following table sets forth the computation of basic and diluted earnings per share for the three and six months ended June 30, 2022 and 2021 (in millions, except per share amounts):
  Three Months Ended
 June 30,
Six Months Ended
 June 30,
2022 2021 2022 2021
Numerator:
Net income attributable to common shareowners $ 2,849  $ 2,676  $ 5,511  $ 7,468 
Denominator:
Weighted average shares 871  870  871  869 
Vested portion of restricted units
Denominator for basic earnings per share 874  875  874  874 
Effect of dilutive securities:
Restricted units
Stock options
Denominator for diluted earnings per share 876  878  878  878 
Basic earnings per share $ 3.26  $ 3.06  $ 6.31  $ 8.54 
Diluted earnings per share $ 3.25  $ 3.05  $ 6.28  $ 8.51 
Diluted earnings per share for the three months ended June 30, 2022 excluded the effect of 0.1 million shares of common stock that may be issued upon the exercise of employee stock options because such effect would be antidilutive. There were no antidilutive shares for the three months ended June 30, 2021. Antidilutive shares for the six months ended June 30, 2022 and 2021 were 0.1 million