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Basis of Presentation (Tables)
9 Months Ended
Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Reconciliation from Basic to Diluted Shares The table below presents a reconciliation of weighted average shares used in the calculation of basic and diluted EPS.
Three Months EndedNine Months Ended
September 30,September 30,
(in millions)2022202120222021
Weighted average shares for basic EPS649 646 649 638 
Dilutive effect of shares issuable under stock-based
compensation plans
Weighted average shares for diluted EPS650 651 650 644 
Schedule of Earnings Per Share, Basic and Diluted The table below presents a reconciliation of net earnings from continuing operations and net earnings to the amounts used in the calculations of basic and diluted EPS.
Three Months EndedNine Months Ended
September 30,September 30,
2022202120222021
Amounts attributable to Paramount:
Net earnings from continuing operations$153 $465 $902 $2,359 
Preferred stock dividends(14)(14)(43)(30)
Net earnings from continuing operations for basic and diluted
    EPS calculation
$139 $451 $859 $2,329 
Amounts attributable to Paramount:
Net earnings $231 $538 $1,083 $2,485 
Preferred stock dividends(14)(14)(43)(30)
Net earnings for basic and diluted EPS calculation$217 $524 $1,040 $2,455