Earnings Per Share

12 Months Ended

Sep. 30, 2023

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share

The following table shows the computation of basic and diluted earnings per share for 2023, 2022 and 2021 (net income in millions and shares in thousands):

	2023		2022		2021
Numerator:
Net income	$	96,995	$	99,803	$	94,680
Denominator:
Weighted-average basic shares outstanding	15,744,231		16,215,963		16,701,272
Effect of dilutive share-based awards	68,316		109,856		163,647
Weighted-average diluted shares	15,812,547		16,325,819		16,864,919
Basic earnings per share	$	6.16	$	6.15	$	5.67
Diluted earnings per share	$	6.13	$	6.11	$	5.61

Approximately 24 million restricted stock units (“RSUs”) were excluded from the computation of diluted earnings per share for 2023 because their effect would have been antidilutive.