Net Income Per Share (Tables)

3 Months Ended

Mar. 31, 2026

Schedule of Earnings Per Share, Basic and Diluted

A reconciliation of the numerator and denominator used in the calculation of basic and diluted net income per share is (in millions, except per share amounts):


	Three Months Ended
	March 31, 2026		March 31, 2025
Numerator:
Net income	$	534.5	$	433.4

Denominator:
Basic shares:
Weighted-average common stock outstanding-basic	738.8		768.3
Diluted shares:
Weighted-average common stock outstanding-basic	738.8		768.3
Effect of potentially dilutive securities:
RSUs	1.2		3.3
Stock options	2.5		4.6
PSUs	0.3		0.6
Weighted-average shares used to compute diluted net income per share	742.8		776.8
Net income per share
Basic	$	0.72	$	0.56
Diluted	$	0.72	$	0.56

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following weighted-average shares of common stock were excluded from the computation of diluted net income per share for the periods presented, as their effect would have been antidilutive (in millions):


	Three Months Ended
	March 31, 2026	March 31, 2025
RSUs	2.3	0.8
Stock options	1.3	0.4
PSUs	0.1	—
Total	3.7	1.2