NET EARNINGS PER SHARE AND SHARE REPURCHASES (Tables)

6 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

Dilutive Potential Common Shares

Diluted earnings per share is net earnings divided by the sum of the weighted average number of our outstanding common shares and the effect of our outstanding dilutive potential common shares.

	QUARTER ENDED				YEAR-TO-DATE ENDED
SHARES IN THOUSANDS	JUNE 2024		JUNE 2023		JUNE 2024		JUNE 2023
Weighted average common shares outstanding – basic		729,026		732,021		729,534		732,599
Dilutive potential common shares:
Stock options		106		111		125		124
Restricted stock units		158		20		140		23
Performance share units		51		210		151		215
Total effect of outstanding dilutive potential common shares		315		341		416		362
Weighted average common shares outstanding – dilutive		729,341		732,362		729,950		732,961

Potential Shares Not Included in the Computation of Diluted Earnings per Share

The following shares were not included in the computation of diluted earnings per share because they were either antidilutive or the required performance or market conditions were not met. Some or all of these shares may be dilutive potential common shares in future periods.

	QUARTER ENDED				YEAR-TO-DATE ENDED
SHARES IN THOUSANDS	JUNE 2024		JUNE 2023		JUNE 2024		JUNE 2023
Stock options		607		787		607		787
Performance share units		946		682		946		682