Per Share Data

6 Months Ended

Jun. 30, 2022

Basic net income per share attributable to the Company is calculated by dividing the after-tax income attributable to the Company by the weighted average number of outstanding shares of the Company’s common stock.

Diluted net income per share attributable to the Company is calculated by dividing the after-tax income attributable to the Company by the weighted average number of outstanding shares of the Company’s common stock, which have been adjusted for the dilutive effect of potentially issuable common shares.


Basic and Diluted EPS Calculation	Three Months Ended June 30,				Six Months Ended June 30,
(In millions, except per share data)	2022		2021		2022		2021
Net income before non-controlling interests	$	978	$	827	$	2,064	$	1,825
Less: Net income attributable to non-controlling interests	11		7		26		22
Net income attributable to the Company	$	967	$	820	$	2,038	$	1,803
Basic weighted average common shares outstanding	501		508		502		508
Dilutive effect of potentially issuable common shares	5		5		6		6
Diluted weighted average common shares outstanding	506		513		508		514
Average stock price used to calculate common stock equivalents	$	160.43	$	134.04	$	158.96	$	124.50