Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2023

Earnings Per Share [Abstract]

Computations of Basic and Diluted Net Earnings Per Share

The computations of basic and diluted net earnings per share are as follows (in thousands, except per share data):

Year Ended December 31,	2023			2022			2021
Basic net earnings per share:
Basic net earnings	$	4,524,801		$	7,607,337		$	6,827,461
Earnings allocated to participating securities		(16,946	)		(31,172	)		(32,311	)
Net earnings available to common stockholders	$	4,507,855		$	7,576,165		$	6,795,150
Basic average shares outstanding		249,773			262,348			292,491
Basic net earnings per share	$	18.05		$	28.88		$	23.23
Diluted net earnings per share:
Diluted net earnings	$	4,524,801		$	7,607,337		$	6,827,461
Earnings allocated to participating securities		(16,897	)		(31,057	)		(32,190	)
Net earnings available to common stockholders	$	4,507,904		$	7,576,280		$	6,795,271
Diluted average shares outstanding:
Basic average shares outstanding		249,773			262,348			292,491
Dilutive effect of stock options and other		639			828			899
		250,412			263,176			293,390
Diluted net earnings per share	$	18.00		$	28.79		$	23.16

Anti-dilutive Stock Options

The following stock options were excluded from the computation of diluted net earnings per share because their effect would have been anti-dilutive (shares in thousands):

Year Ended December 31,	2023		2022		2021
Anti-dilutive stock options:
Weighted-average shares		-		25		145
Weighted-average exercise price	$	-	$	130.71	$	91.06