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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings Per Share
The components of basic and diluted earnings per share (“EPS”) for common shares were as follows:
Three Months Ended September 30,Nine Months Ended September 30,
2021202020212020
(in millions, except per share data)
Numerator
Net income$2,414 $1,513 $6,308 $4,626 
Denominator
Basic weighted-average shares outstanding986 1,001 990 1,003 
Dilutive stock options and stock units
Diluted weighted-average shares outstanding 1
990 1,005 994 1,008 
Earnings per Share
Basic$2.45 $1.51 $6.37 $4.61 
Diluted$2.44 $1.51 $6.35 $4.59 
1    For the periods presented, the calculation of diluted EPS excluded a minimal amount of anti-dilutive share-based payment awards.