Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2024

Reconciliation of Numerators and Denominators of Basic and Diluted Earnings Per Share

NOTE 2. EARNINGS PER SHARE

A reconciliation of the numerators and denominators of basic and diluted earnings per share is shown in the table below:


Year Ended December 31,	2024		2023		2022
Numerators
Numerator for basic earnings per share:
Income (loss) from continuing operations, net of tax	$	12,253	$	15,623	$	(6,874)
Net income from continuing operations attributable to noncontrolling interests	(1,305)		(1,223)		(1,469)
Preferred Stock Dividends	(202)		(208)		(203)
Income (loss) from continuing operations attributable to common stock	10,746		14,192		(8,546)
Adjustment to carrying value of noncontrolling interest	—		—		663
Numerator for basic earnings per share from continuing operations1	10,746		14,192		(7,883)


Loss from discontinued operations attributable to common stock	—		—		(181)
Numerator for basic earnings per share1	$	10,746	$	14,192	$	(8,064)
Dilutive potential common shares:
Mobility preferred interests2	—		72		526
Share-based payment2	—		13		17
Numerator for diluted earnings per share	$	10,746	$	14,277	$	(7,521)
Denominators (000,000)
Denominator for basic earnings per share:
Weighted average number of common shares outstanding	7,199		7,181		7,166
Dilutive potential common shares:
Mobility preferred interests (in shares)	—		71		378
Share-based payment (in shares)	5		6		43
Denominator for diluted earnings per share2	7,204		7,258		7,587
1For 2022, in the calculation of basic earnings per share, income (loss) attributable to common stock for continuing operations and total company has been increased by $663 from adjustment to carrying value of noncontrolling interest. (See Note 16)
2For 2022, dilutive potential common shares are not included in the computation of diluted earnings per share because their effect is antidilutive as a result of the net loss.