Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE

v3.23.2
EARNINGS PER SHARE
6 Months Ended
Jun. 30, 2023
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, 2023 and 2022 (in millions, except per share amounts):
  Three Months Ended
 June 30,
Six Months Ended
 June 30,
2023 2022 2023 2022
Numerator:
Net income attributable to common shareowners $ 2,081  $ 2,849  $ 3,976  $ 5,511 
Denominator:
Weighted average shares 857  871  858  871 
Vested portion of restricted units
Denominator for basic earnings per share 860  874  861  874 
Effect of dilutive securities:
Restricted units
Stock options — 
Denominator for diluted earnings per share 861  876  863  878 
Basic earnings per share $ 2.42  $ 3.26  $ 4.62  $ 6.31 
Diluted earnings per share $ 2.42  $ 3.25  $ 4.61  $ 6.28 
Diluted earnings per share for the three and six months ended June 30, 2023 and 2022 excluded the effect of 0.2 and 0.1 million shares of common stock, respectively, that may be issued upon the exercise of employee stock options because such effect would be antidilutive.