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Earnings Per Share
 6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Earnings Per Share
Note 6 – Earnings Per Share
Basic and diluted earnings per share were computed as follows:
Three Months Ended
June 30, 2024June 30, 2023
(Shares in thousands, dollars in millions, except per share amounts)BasicEffect of
Dilution		DilutedBasicEffect of
Dilution		Diluted
Shareholders' net income$1,548 $1,548 $1,460 $1,460 
Shares:
Weighted average281,133 281,133 294,512 294,512 
Common stock equivalents2,919 2,919 2,367 2,367 
Total shares281,133 2,919 284,052 294,512 2,367 296,879 
Earnings per share$5.51 $(0.06)$5.45 $4.96 $(0.04)$4.92 
Six Months Ended
June 30, 2024June 30, 2023
(Shares in thousands, dollars in millions, except per share amounts)BasicEffect of
Dilution		DilutedBasicEffect of
Dilution		Diluted
Shareholders' net income
$1,271 $1,271 $2,727 $2,727 
Shares:
Weighted average283,799 283,799 295,105 295,105 
Common stock equivalents3,085 3,085 2,831 2,831 
Total shares283,799 3,085 286,884 295,105 2,831 297,936 
Earnings per share$4.48 $(0.05)$4.43 $9.24 $(0.09)$9.15 
The following outstanding employee stock options were not included in the computation of diluted earnings per share because their effect was anti-dilutive:
Three Months Ended June 30,Six Months Ended June 30,
(In millions)2024202320242023
Anti-dilutive options0.8 0.9 1.2 0.9 
The Company held approximately 122.5 million shares of common stock in treasury at June 30, 2024, 107.4 million shares as of December 31, 2023 and 103.3 million shares as of June 30, 2023.

The increase in Treasury stock as of June 30, 2024 and the reduction in weighted average shares outstanding for the six months ended June 30, 2024 was driven in part by 9.3 million shares of our common stock repurchased under the accelerated share repurchase agreements (the "ASR agreements"), approximately 1.7 million of which were received in the three months ended June 30, 2024. See Note 8 for additional information.