Earnings Per Common Share ("EPS")

6 Months Ended

Jun. 30, 2023

Earnings Per Common Share (“EPS”)


	Quarter ended				Year to date
	2023		2022		2023		2022
Net Income	$	418	$	224	$	718	$	623

Weighted-average common shares outstanding (for basic calculation)	281		286		281		288
Effect of dilutive share-based employee compensation	5		4		5		4
Weighted-average common and dilutive potential common shares outstanding (for diluted calculation)	286		290		286		292

Basic EPS	$	1.49	$	0.78	$	2.55	$	2.16

Diluted EPS	$	1.46	$	0.77	$	2.51	$	2.13
Unexercised employee stock options and stock appreciation rights (in millions) excluded from the diluted EPS computation(a)	1.7		2.4		1.6		1.8

(a)These unexercised employee stock options and stock appreciation rights were not included in the computation of diluted EPS because to do so would have been antidilutive for the periods presented.