Per Share Data

3 Months Ended

Mar. 31, 2024

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)	2024		2023
Net income before non-controlling interests	$	1,424	$	1,252
Less: Net income attributable to non-controlling interests	24		17
Net income attributable to the Company	$	1,400	$	1,235
Basic weighted average common shares outstanding	492		495
Dilutive effect of potentially issuable common shares	5		5
Diluted weighted average common shares outstanding	497		500
Average stock price used to calculate common stock equivalents	$	199.39	$	166.93