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Earnings per Share (Tables)
9 Months Ended
Sep. 30, 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 
September 30,
Nine Months Ended 
September 30,
(In millions, except per share amounts)2024202320242023
Income (Numerator)
Net income$252 $323 $824 $1,209 
Less: dividends attributable to participating securities(1)(1)(2)(4)
Net income available to common stockholders$251 $322 $822 $1,205 
Shares (Denominator)
Weighted average shares - Basic738 753 743 757 
Dilution effect of stock awards at end of period
Weighted average shares - Diluted744 758 749 762 
Earnings per share
Basic$0.34 $0.43 $1.11 $1.59 
Diluted$0.34 $0.42 $1.10 $1.58 
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 
September 30,
Nine Months Ended 
September 30,
(In millions)2024202320242023
Weighted-average stock awards excluded from diluted EPS due to the anti-dilutive effect calculated using the treasury stock method— —