Earnings per share

12 Months Ended

Dec. 31, 2024

Earnings Per Share [Abstract]

Earnings per share

Earnings per share

For the year ended December 31 (in millions of Canadian dollars, except per share data)	2024		2023		2022
Net income attributable to controlling shareholders	$	3,718	$	3,927	$	3,517
Weighted-average basic shares outstanding (millions)	933.0		931.3		930.0
Dilutive effect of stock options (millions)	1.6		2.4		2.9
Weighted-average diluted shares outstanding (millions)	934.6		933.7		932.9
Earnings per share - basic	$	3.98	$	4.22	$	3.78
Earnings per share - diluted	$	3.98	$	4.21	$	3.77

In 2024, there were 0.6 million options excluded from the computation of diluted earnings per share because their effects were not dilutive (2023 - 0.6 million; 2022 - 0.3 million).