Earnings per Share

12 Months Ended

Dec. 31, 2024

Earnings Per Share [Abstract]

Earnings per Share

Earnings per Share

We calculated basic and diluted earnings per share (“EPS”) using the following:

	For the Years Ended December 31,
(in millions)	2024		2023		2022
Net earnings	$	11,264	$	8,130	$	5,764
Less: Distributed and undistributed earnings attributable to share-based awards	(28)		(17)		(13)
Earnings for basic and diluted EPS	$	11,236	$	8,113	$	5,751
Weighted-average shares for basic and diluted EPS	1,718		1,777		1,804

Unvested share-based payment awards that contain non-forfeitable rights to dividends or dividend equivalents are participating securities and, therefore, are included in our EPS calculation pursuant to the two-class method.