Net Income Per Common Share (Tables)

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

Calculations For Basic And Diluted Earnings Per Share

The table shows calculations for basic and diluted earnings per share:

(In millions, except per share data)	Three months ended March 31,
	2024		2023
Numerator:
Net income—basic and diluted	$	755	$	225
Denominator:
Basic weighted-average common shares outstanding	156.8		157.2
Effect of share-based awards:
Stock options	0.7		0.8
Nonvested shares	0.4		0.5
Diluted weighted-average shares	157.9		158.5
Earnings per share:
Basic	$	4.82	$	1.43
Diluted	$	4.78	$	1.42
Number of anti-dilutive share-based awards	1.3		1.0