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Earnings per share (Tables)
 6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Schedule of calculation of basic and diluted EPS
The components of the numerator for the calculation of basic and diluted EPS were as follows:
Three months ended June 30,Six months ended June 30,
(In $ millions)2024202320242023
Net income available stockholders253 94 313 137 
Effect of dilution (interest on convertible bond)2 2 3 3 
Diluted profit available to stockholders255 96 316 140 
The components of the denominator for the calculation of basic and diluted EPS were as follows:
Three months ended June 30,Six months ended June 30,
 (In millions)2024202320242023
Basic earnings per share: 
Weighted average number of common shares outstanding (1)70 80 71 65 
Diluted earnings per share: 
Effect of dilution3 3 3 3 
Weighted average number of common shares outstanding adjusted for the effects of dilution73 83 74 68 


(1) Weighted average number of common shares outstanding in the three and six months ended June 30, 2024 excludes shares repurchased during the period. Please refer to Note 18 – "Subsequent events" for details on additional shares repurchased after June 30, 2024.
The basic and diluted earnings per share were as follows:

Three months ended June 30,Six months ended June 30,
(In $)2024202320242023
Basic earnings per share3.611.184.412.11
Diluted earnings per share3.491.164.272.07