Earnings Per Share

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share ("EPS") for the periods presented ($ in millions except per share data; share data in thousands):

	Three Months Ended March 31,
	2024		2023
Net income	$	231	$	259
Weighted-average shares used to calculate basic EPS (in thousands)	94,665		92,971
Effect of dilutive securities (in thousands):
Employee equity awards	491		369
Weighted-average shares used to calculate diluted EPS (in thousands)	95,156		93,340
EPS attributable to common stockholders:
Basic EPS	$	2.44	$	2.78
Diluted EPS	$	2.43	$	2.77

We have excluded common stock related to employee equity awards in the diluted EPS calculation above of approximately 360 and 140 shares for the three months ended March 31, 2024 and 2023, respectively, because its effect would be anti-dilutive (in thousands).