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Earnings Per Share
6 Months Ended
Jun. 30, 2025
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

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Weighted average shares outstanding for basic net earnings per share

 

 

197.9

 

 

 

205.7

 

 

 

198.4

 

 

 

205.4

 

Effect of dilutive stock options and other equity awards

 

 

0.4

 

 

 

0.7

 

 

 

0.6

 

 

 

0.9

 

Weighted average shares outstanding for diluted net earnings per share

 

 

198.3

 

 

 

206.4

 

 

 

199.0

 

 

 

206.3

 

During the three and six-month periods ended June 30, 2025, an average of 4.8 million options for each period 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, 2024, an average of 2.9 million options and 2.3 million options, respectively, to purchase shares of common stock were not included for the same reason.