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Earnings Per Share
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Earnings Per Share

13. Earnings Per Share

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

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Weighted average shares outstanding for basic net earnings per share

 

 

202.3

 

 

 

208.9

 

 

 

204.4

 

 

 

209.0

 

Effect of dilutive stock options and other equity awards

 

 

0.7

 

 

 

1.1

 

 

 

0.8

 

 

 

1.1

 

Weighted average shares outstanding for diluted net earnings per share

 

 

203.0

 

 

 

210.0

 

 

 

205.2

 

 

 

210.1

 

During the three and nine-month periods ended September 30, 2024, an average of 4.6 million options and 3.0 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 nine-month periods ended September 30, 2023, an average of 2.2 million and 2.0 million options, respectively, to purchase shares of common stock were not included for the same reason.