Earnings per Share (Tables)

9 Months Ended

Sep. 30, 2020

Numerators and Denominators of Basic and Diluted EPS Computations for Common Stock

The numerators and denominators of the basic and diluted EPS computations for our common stock are calculated as follows (in millions, except per share amounts):



	Three Months Ended September 30,										Nine Months Ended September 30,
	2020					2019					2020					2019
	Class A		Class B			Class A		Class B			Class A		Class B			Class A		Class B
Basic EPS:
Numerator
Net income	$	6,623	$	1,223		$	5,138	$	953		$	15,133	$	2,794		$	9,372	$	1,764
Denominator
Weighted-average shares outstanding	2,406		444			2,407		447			2,406		444			2,403		452
Basic EPS	$	2.75	$	2.75		$	2.13	$	2.13		$	6.29	$	6.29		$	3.90	$	3.90
Diluted EPS:
Numerator
Net income	$	6,623	$	1,223		$	5,138	$	953		$	15,133	$	2,794		$	9,372	$	1,764
Reallocation of net income as a result of conversion of Class B to Class A common stock	1,223		—			953		—			2,794		—			1,764		—
Reallocation of net income to Class B common stock	—		(18		)	—		(6		)	—		(32		)	—		(9		)
Net income for diluted EPS	$	7,846	$	1,205		$	6,091	$	947		$	17,927	$	2,762		$	11,136	$	1,755
Denominator
Number of shares used for basic EPS computation	2,406		444			2,407		447			2,406		444			2,403		452
Conversion of Class B to Class A common stock	444		—			447		—			444		—			452		—
Weighted-average effect of dilutive RSUs and employee stock options	41		—			20		—			33		—			20		1
Number of shares used for diluted EPS computation	2,891		444			2,874		447			2,883		444			2,875		453
Diluted EPS	$	2.71	$	2.71		$	2.12	$	2.12		$	6.22	$	6.22		$	3.87	$	3.87