Earnings Per Share

12 Months Ended

Dec. 31, 2022

EARNINGS PER SHARE

The following table sets forth the computation of basic and diluted earnings per share:
















	Year Ended December 31,
	2022		2021		2020
Numerator:	(in millions, except share and per share amounts)
Net income attributable to common shareholders	$	1,125	$	1,187	$	933
Denominator:
Weighted-average common shares outstanding for basic earnings per share	492,420,787		497,698,377		493,245,573
Weighted-average effect of dilutive securities:
Employee equity awards	5,436,778		7,389,189		6,406,596
Contingent issuance of common stock	—		—		1,059,654
Weighted-average common shares outstanding for diluted earnings per share	497,857,565		505,087,566		500,711,823
Basic and diluted earnings per share:
Basic earnings per share	$	2.28	$	2.38	$	1.89
Diluted earnings per share	$	2.26	$	2.35	$	1.86

In the table above, employee equity awards from our PSU program, which are considered contingently issuable, are included in the computation of dilutive earnings per share on a weighted average basis when management determines that the applicable performance criteria would have been met if the performance period ended as of the date of the relevant computation.

Securities that were not included in the computation of diluted earnings per share because their effect was antidilutive were immaterial for the years ended December 31, 2021 and 2020.