Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE

v3.23.3
EARNINGS PER SHARE
 9 Months Ended
Sep. 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 nine months ended September 30, 2023 and 2022 (in millions, except per share amounts):
  Three Months Ended
 September 30,		 Nine Months Ended
 September 30,
2023 2022 2023 2022
Numerator:
Net income attributable to common shareowners $ 1,127  $ 2,584  $ 5,103  $ 8,095 
Denominator:
Weighted average shares 853  867  856  870 
Vested portion of restricted units 4  3  4  3 
Denominator for basic earnings per share 857  870  860  873 
Effect of dilutive securities:
Restricted units 1  2  1  2 
Stock options —  —  —  1 
Denominator for diluted earnings per share 858  872  861  876 
Basic earnings per share(1)
$ 1.31  $ 2.97  $ 5.93  $ 9.27 
Diluted earnings per share(1)
$ 1.31  $ 2.96  $ 5.92  $ 9.24 
(1) Earnings per share is computed using unrounded amounts.
Diluted earnings per share for the three and nine months ended September 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.