Earnings Per Share (Tables)

12 Months Ended

Sep. 30, 2024

Schedule of Earnings Per Share, Basic and Diluted

The following tables present earnings per share:


	For the Year Ended September 30, 2024
	Basic Earnings Per Share					Diluted Earnings Per Share
	Income Allocation (A)(1)		Weighted- Average Shares Outstanding (B)	Earnings per Share = (A)/(B)(2)		Income Allocation (A)(1)			Weighted- Average Shares Outstanding (B)		Earnings per Share = (A)/(B)(2)
	(in millions, except per share data)
Class A common stock	$	15,790	1,621	$	9.74	$	19,743	(3)	2,029	(3)	$	9.73
Class B-1 common stock	2,292		148	$	15.46	$	2,289		148		$	15.45
Class B-2 common stock(4)	752		49	$	15.45	$	751		49		$	15.43
Class C common stock	623		16	$	38.97	$	623		16		$	38.92
Participating securities	286		Not presented	Not presented		$	286		Not presented		Not presented
Net income	$	19,743


	For the Year Ended September 30, 2023
	Basic Earnings Per Share					Diluted Earnings Per Share
	Income Allocation (A)(1)		Weighted- Average Shares Outstanding (B)	Earnings per Share = (A)/(B)(2)		Income Allocation (A)(1)			Weighted- Average Shares Outstanding (B)		Earnings per Share = (A)/(B)(2)
	(in millions, except per share data)
Class A common stock	$	13,415	1,618	$	8.29	$	17,273	(3)	2,085	(3)	$	8.28
Class B-1 common stock	3,254		245	$	13.26	$	3,251		245		$	13.24
Class C common stock	320		10	$	33.17	$	319		10		$	33.13
Participating securities	284		Not presented	Not presented		$	284		Not presented		Not presented
Net income	$	17,273


	For the Year Ended September 30, 2022
	Basic Earnings Per Share					Diluted Earnings Per Share
	Income Allocation (A)(1)		Weighted- Average Shares Outstanding (B)	Earnings per Share = (A)/(B)(2)		Income Allocation (A)(1)			Weighted- Average Shares Outstanding (B)		Earnings per Share = (A)/(B)(2)
	(in millions, except per share data)
Class A common stock	$	11,569	1,651	$	7.01	$	14,957	(3)	2,136	(3)	$	7.00
Class B-1 common stock	2,781		245	$	11.33	$	2,778		245		$	11.31
Class C common stock	280		10	$	28.03	$	280		10		$	28.00
Participating securities	327		Not presented	Not presented		$	326		Not presented		Not presented
Net income	$	14,957

(1)Income allocation is based on the weighted-average number of as-converted class A common stock outstanding as shown in the table below.

(2)Figures in the table may not recalculate exactly due to rounding. Basic and diluted earnings per share are calculated based on unrounded numbers.

(3)Diluted class A common stock earnings per share calculation includes the assumed conversion of class B-1, B-2 and C common stock and participating securities on an as-converted basis as shown in the table below and the incremental common stock equivalents related to employee stock plans, as calculated under the treasury stock method. The common stock equivalents were not material for each of fiscal 2024, 2023 and 2022.

(4)No shares of class B-2 common stock were outstanding prior to the class B-1 common stock exchange offer. See Note 15—Stockholders’ Equity for further details.

Schedule of Weighted Average Number of Shares as Converted

The following table presents the weighted-average number of as-converted class A common stock outstanding:


	For the Years Ended September 30,
	2024	2023	2022
	(in millions)
Class B-1 common stock	235	392	397
Class B-2 common stock(1)	77	—	—
Class C common stock	64	39	40
Participating securities	29	34	47

(1)No shares of class B-2 common stock were outstanding prior to the class B-1 common stock exchange offer. See Note 15—Stockholders’ Equity for further details.