Earnings Per Share

3 Months Ended

Mar. 31, 2025

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,
	2025		2024
Net income	$	343	$	231
Net (income) loss attributable to non-controlling interests	—		—
Net income attributable to common stockholders	$	343	$	231
Weighted-average shares used to calculate basic EPS	97,514		94,665
Effect of dilutive securities:
Employee equity awards	373		491
Weighted-average shares used to calculate diluted EPS	97,887		95,156
EPS attributable to common stockholders:
Basic EPS	$	3.52	$	2.44
Diluted EPS	$	3.50	$	2.43

We have excluded common stock related to employee equity awards in the diluted EPS calculation above of approximately 71 and 360 shares for the three months ended March 31, 2025 and 2024, respectively, because their effect would be anti-dilutive (in thousands).