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Earnings per Share (Tables)
3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted Weighted-Average Shares Outstanding
The following is a calculation of basic and diluted net earnings per share under the two-class method:
Three Months Ended 
March 31,
(In millions, except per share amounts)20242023
Income (Numerator)
Net income$352 $677 
Less: dividends attributable to participating securities— (2)
Net income available to common stockholders$352 $675 
Shares (Denominator)
Weighted average shares - Basic750 764 
Dilution effect of stock awards at end of period
Weighted average shares - Diluted755 768 
Earnings per share
Basic$0.47 $0.88 
Diluted$0.47 $0.88 
Calculation of Weighted-average Shares Excluded from Diluted EPS Due to the Anti-Dilutive Effect
The following is a calculation of weighted-average shares excluded from diluted EPS due to the anti-dilutive effect:
Three Months Ended 
March 31,
(In millions)20242023
Weighted-average stock awards excluded from diluted EPS due to the anti-dilutive effect calculated using the treasury stock method— —