Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2022

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,	2022			2021			2020
Basic net earnings per share:
Basic net earnings	$	7,607,337		$	6,827,461		$	721,470
Earnings allocated to participating securities		(31,172	)		(32,311	)		(4,356	)
Net earnings available to common stockholders	$	7,576,165		$	6,795,150		$	717,114
Basic average shares outstanding		262,348			292,491			303,168
Basic net earnings per share	$	28.88		$	23.23		$	2.37
Diluted net earnings per share:
Diluted net earnings	$	7,607,337		$	6,827,461		$	721,470
Earnings allocated to participating securities		(31,057	)		(32,190	)		(4,359	)
Net earnings available to common stockholders	$	7,576,280		$	6,795,271		$	717,111
Diluted average shares outstanding:
Basic average shares outstanding		262,348			292,491			303,168
Dilutive effect of stock options and other		828			899			103
		263,176			293,390			303,271
Diluted net earnings per share	$	28.79		$	23.16		$	2.36

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,	2022		2021		2020
Anti-dilutive stock options:
Weighted-average shares		25		145		2,972
Weighted-average exercise price	$	130.71	$	91.06	$	51.87