Earnings Per Share Attributable to Cardinal Health, Inc.

12 Months Ended

Jun. 30, 2024

Earnings Per Share Attributable to Cardinal Health, Inc.

13. 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)	2024		2023		2022
Net earnings/(loss)	$	853	$	331	$	(937)
Net earnings attributable to noncontrolling interest	(1)		(1)		(1)


Net earnings/(loss) attributable to Cardinal Health, Inc.	$	852	$	330	$	(938)
Weighted-average common shares–basic	245		261		279
Effect of dilutive securities:
Employee stock options, restricted share units and performance share units	2		1		—
Weighted-average common shares–diluted	247		262		279
Basic earnings/(loss) per common share attributable to Cardinal Health, Inc.:	$	3.48	$	1.27	$	(3.37)




Diluted earnings/(loss) per common share attributable to Cardinal Health, Inc.:	3.45		1.26		(3.37)

The potentially dilutive employee stock options, restricted share units and performance share units that were anti-dilutive for fiscal 2024, 2023 and 2022 were 1 million, 2 million and 5 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.