Income (Loss) per Share

9 Months Ended

Sep. 30, 2025

Income per Share

Basic income or loss per share is based on the weighted average number of common shares outstanding during the

period. Diluted income per share includes additional common shares that would have been outstanding if potential common

shares with a dilutive effect had been issued. Antidilutive securities represent potentially dilutive securities which are excluded

from the computation of diluted income or loss per share as their impact was antidilutive.

A reconciliation of the number of shares used for the basic and diluted income per share computations is as follows:


	Three Months Ended		Nine Months Ended
	September 30,		September 30,
Millions of shares	2025	2024	2025	2024
Basic weighted average common shares outstanding	849	881	857	885
Dilutive effect of awards granted under our stock incentive plans	1	—	1	1
Diluted weighted average common shares outstanding	850	881	858	886

Antidilutive shares:
Options with exercise price greater than the average market price	8	9	9	10
Total antidilutive shares	8	9	9	10