Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE

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EARNINGS PER SHARE
9 Months Ended
Sep. 30, 2024
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 nine months ended September 30, 2024 and 2023 (in millions, except per share amounts):
  Three Months Ended
 September 30,
Nine Months Ended
 September 30,
2024 2023 2024 2023
Numerator:
Net income attributable to common shareowners $ 1,539  $ 1,127  $ 4,061  $ 5,103 
Denominator:
Weighted-average shares 854  853  854  856 
Vested portion of restricted shares
Denominator for basic earnings per share 855  857  856  860 
Effect of dilutive securities:
Restricted performance units —  — 
Stock options —  —  —  — 
Denominator for diluted earnings per share 855  858  856  861 
Basic earnings per share(1)
$ 1.80  $ 1.31  $ 4.74  $ 5.93 
Diluted earnings per share(1)
$ 1.80  $ 1.31  $ 4.74  $ 5.92 
(1)    Earnings per share is computed using unrounded amounts.
Diluted earnings per share for the three and nine months ended September 30, 2024 and 2023 excluded the effect of 0.5 and 0.2 million shares of common stock, respectively, that may be issued upon the exercise of employee stock options because such effect would be antidilutive.