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NET EARNINGS PER SHARE AND SHARE REPURCHASES (Tables)
9 Months Ended
Sep. 30, 2025
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

 

SEPTEMBER 2025

 

 

SEPTEMBER 2024

 

 

SEPTEMBER 2025

 

 

SEPTEMBER 2024

 

Weighted average common shares outstanding – basic

 

 

721,598

 

 

 

727,621

 

 

 

723,791

 

 

 

728,892

 

Dilutive potential common shares:

 

 

 

 

 

 

 

 

 

 

 

 

Stock options

 

 

28

 

 

 

95

 

 

 

46

 

 

 

115

 

Restricted stock units

 

 

231

 

 

 

329

 

 

 

105

 

 

 

203

 

Performance share units

 

 

155

 

 

 

135

 

 

 

209

 

 

 

145

 

Total effect of outstanding dilutive potential common shares

 

 

414

 

 

 

559

 

 

 

360

 

 

 

463

 

Weighted average common shares outstanding – dilutive

 

 

722,012

 

 

 

728,180

 

 

 

724,151

 

 

 

729,355

 

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

 

SEPTEMBER 2025

 

 

SEPTEMBER 2024

 

 

SEPTEMBER 2025

 

 

SEPTEMBER 2024

 

Stock options

 

 

 

 

 

607

 

 

 

 

 

 

607

 

Performance share units

 

 

1,028

 

 

 

892

 

 

 

1,028

 

 

 

892