Earnings per share

6 Months Ended

Jun. 30, 2022

The computation of basic EPS is based on the weighted-average number of our common shares outstanding. The computation of diluted EPS is based on the weighted-average number of our common shares outstanding and dilutive potential common shares, which primarily include shares that may be issued under our stock option, restricted stock and performance unit award programs (collectively, dilutive securities), as determined by using the treasury stock method.

The computations for basic and diluted EPS were as follows (in millions, except per-share data):


	Three months ended June 30,				Six months ended June 30,
	2022		2021		2022		2021
Income (Numerator):
Net income for basic and diluted EPS	$	1,317	$	464	$	2,793	$	2,110

Shares (Denominator):
Weighted-average shares for basic EPS	535		573		541		575
Effect of dilutive securities	2		3		3		3
Weighted-average shares for diluted EPS	537		576		544		578

Basic EPS	$	2.46	$	0.81	$	5.16	$	3.67
Diluted EPS	$	2.45	$	0.81	$	5.13	$	3.65

For the three and six months ended June 30, 2022 and 2021, the number of antidilutive employee stock-based awards excluded from the computation of diluted EPS was not significant.