Earnings per Share (Tables)

12 Months Ended

Dec. 31, 2023

Reconciliation of basic and diluted earnings (loss) per share

The following table sets forth the computation of basic EPS and diluted EPS for the years ended December 31, 2023, 2022 and 2021:


(in millions of dollars, except per share data)	2023		2022		2021
Basic:
Net income (loss) attributable to CNH Industrial N.V.	$	2,371	$	2,029	$	1,723
Net income (loss) attributable to CNH Industrial N.V. from continuing operations	2,371		2,029		1,792
Net income (loss) attributable to CNH Industrial N.V. from discontinued operations	—		—		(69)
Basic earnings (loss) per share attributable to common shareholders:
Weighted average common shares outstanding—basic	1,332		1,351		1,354
Continuing operations	$	1.78	$	1.50	$	1.32
Discontinued operations	—		—		(0.05)
Basic earnings (loss) per share	$	1.78	$	1.50	$	1.27
Diluted:
Net income (loss) attributable to CNH Industrial N.V.	$	2,371	$	2,029	$	1,723
Net income (loss) attributable to CNH Industrial N.V. from continuing operations	2,371		2,029		1,792
Net income (loss) attributable to CNH Industrial N.V. from discontinued operations	—		—		(69)
Weighted average common shares outstanding—basic	1,332		1,351		1,354
Dilutive effect of stock compensation plans	18		11		7
Weighted average common shares outstanding—diluted (1)	1,350		1,362		1,361
Continuing operations	$	1.76	$	1.49	$	1.32
Discontinued operations	—		—		(0.05)
Diluted earnings (loss) per share	$	1.76	$	1.49	$	1.27

(1) For the year ended December 31, 2023, no shares were excluded from the computation of diluted earnings per share due to an anti-dilutive impact. For the year ended December 31, 2022 and 2021, 0.50 million shares and 0.06 million shares were excluded from the computation of diluted earnings per share due to an anti-dilutive impact.