Annual report pursuant to Section 13 and 15(d)

EARNINGS PER SHARE (Tables)

v3.24.0.1
EARNINGS PER SHARE (Tables)
 12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share (in millions, except per share amounts): 
2023 2022 2021
Numerator:
Net income attributable to common shareowners $ 6,708  $ 11,548  $ 12,890 
Denominator:
Weighted-average shares 855  868  869 
Deferred compensation obligations —  —  — 
Vested portion of restricted shares 4  3  5 
Denominator for basic earnings per share 859  871  874 
Effect of Dilutive Securities:
Restricted performance units and contingent shares(1)
1  3  3 
Stock options —  1  1 
Denominator for diluted earnings per share 860  875  878 
Basic Earnings Per Share $ 7.81  $ 13.26  $ 14.75 
Diluted Earnings Per Share $ 7.80  $ 13.20  $ 14.68 
(1)     Contingent shares relate to MIP awards that may be settled in cash or Class A common stock at the employees' election - see note 13.