Earnings per share

3 Months Ended

Sep. 30, 2025

The following table presents a reconciliation of the numerator and denominator of basic and diluted earnings per share.


	Three Months Ended
	September 30,
	2025		2024
Numerator:
Net income	$	808	$	698
Denominator:
Basic - weighted average common shares	126.5		128.7
Dilutive effect of equity-based awards	1.9		2.0
Diluted - weighted-average common shares	128.4		130.7

Basic earnings per share(1)	$	6.39	$	5.43
Diluted earnings per share(1)	$	6.29	$	5.34

(1) Figures in the table may not recalculate exactly due to rounding. Earnings per share is calculated using unrounded numbers.

For the three months ended September 30, 2025 and 2024, 0.1 million and 0.2 million common shares subject to equity-based awards, respectively, were excluded from the computation of diluted earnings per share because the effect of their exercise would be anti-dilutive.