XML 35 R25.htm IDEA: XBRL DOCUMENT v3.23.2
Earnings Per Share
6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Earnings Per Share

14. Earnings Per Share

The following is a reconciliation of weighted average shares for the basic and diluted shares computations (in millions):

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Weighted average shares outstanding for basic net earnings per share

 

 

208.6

 

 

 

209.6

 

 

 

209.0

 

 

 

209.4

 

Effect of dilutive stock options and other equity awards

 

 

1.3

 

 

 

0.7

 

 

 

1.1

 

 

 

0.8

 

Weighted average shares outstanding for diluted net earnings per share

 

 

209.9

 

 

 

210.3

 

 

 

210.1

 

 

 

210.2

 

During the three and six-month periods ended June 30, 2023, an average of 1.9 million and 2.0 million options, respectively, to purchase shares of common stock were not included in the computation of diluted earnings per share because the effect would have been antidilutive. During the three and six-month periods ended June 30, 2022, an average of 3.8 million and 3.3 million options, respectively, to purchase shares of common stock were not included for the same reason.