Earnings Per Share Attributable to Cardinal Health, Inc.

12 Months Ended

Jun. 30, 2023

Earnings Per Share Attributable to Cardinal Health, Inc.

12. Earnings/(Loss) Per Share Attributable to Cardinal Health, Inc.

The following table reconciles the computation of basic and diluted earnings per share attributable to Cardinal Health, Inc.:


(in millions, except per share amounts)	2023		2022		2021
Net earnings/(loss)	$	262	$	(932)	$	612
Net earnings attributable to noncontrolling interest	(1)		(1)		(1)


Net earnings/(loss) attributable to Cardinal Health, Inc.	$	261	$	(933)	$	611
Weighted-average common shares–basic	261		279		292
Effect of dilutive securities:
Employee stock options, restricted share units and performance share units	1		—		2
Weighted-average common shares–diluted	262		279		294
Basic earnings/(loss) per common share attributable to Cardinal Health, Inc.:	$	1.00	$	(3.35)	$	2.09




Diluted earnings/(loss) per common share attributable to Cardinal Health, Inc.:	1.00		(3.35)		2.08

The potentially dilutive employee stock options, restricted share units and performance share units that were anti-dilutive for fiscal 2023, 2022 and 2021 were 2 million, 5 million and 3 million, respectively. During fiscal 2022, there were 1 million potentially dilutive employee stock options, restricted share units and performance share units, not included in the computation of diluted loss per common share attributable to Cardinal Health, Inc. because their effect would be anti-dilutive as a result of the net loss for the fiscal year.