XML 61 R29.htm IDEA: XBRL DOCUMENT v3.24.3
Earnings per Share (Tables)
 9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
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,
 2024
2023 (2)
2024
2023 (2)
Basic EPS:
Numerator
Distributed earnings$1,263 $— $3,802 $— 
Undistributed earnings14,425 11,583 37,720 25,081 
Net income$15,688 $11,583 $41,522 $25,081 
Denominator
Shares used in computation of basic EPS (1)
2,529 2,576 2,536 2,577 
Basic EPS$6.20 $4.50 $16.37 $9.73 
Diluted EPS:
Numerator
Net income for diluted EPS$15,688 $11,583 $41,522 $25,081 
Denominator
Shares used in computation of basic EPS2,529 2,576 2,536 2,577 
Weighted-average effect of dilutive RSUs71 65 79 46 
Shares used in computation of diluted EPS2,600 2,641 2,615 2,623 
Diluted EPS$6.03 $4.39 $15.88 $9.56 
____________________________________
(1)Includes 2,184 million and 2,226 million shares of Class A common stock and 345 million and 350 million shares of Class B common stock, for the three months ended September 30, 2024 and 2023, respectively, and 2,190 million and 2,222 million shares of Class A common stock and 346 million and 355 million shares of Class B common stock, for the nine months ended September 30, 2024 and 2023, respectively.
(2)The prior period EPS for Class A and Class B common stock has been presented together to conform with current period presentation, which had no impact on our previously reported basic or diluted EPS.