Per Share Data

3 Months Ended

Mar. 31, 2023

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 March 31,
(In millions, except per share data)	2023		2022
Net income before non-controlling interests	$	1,252	$	1,086
Less: Net income attributable to non-controlling interests	17		15
Net income attributable to the Company	$	1,235	$	1,071
Basic weighted average common shares outstanding	495		503
Dilutive effect of potentially issuable common shares	5		6
Diluted weighted average common shares outstanding	500		509
Average stock price used to calculate common stock equivalents	$	166.93	$	157.49