Net Income Per Share (Notes)

3 Months Ended

Mar. 31, 2019

Earnings Per Share [Abstract]

Net Income Per Share

Net Income Per Share

The following table sets forth the computation of Net Income Per Share for the three-month periods ended March 31, 2019 and 2018 (in thousands, except per share data):

	Three Months Ended   March 31,
	2019		2018
Numerator for Basic and Diluted Earnings Per Share -
Net Income	$	635,426	$	638,589
Denominator for Basic Earnings Per Share -
Weighted Average Shares	577,207		575,775
Potential Dilutive Common Shares -
Stock Options/SARs	472		1,217
Restricted Stock/Units and Performance Units	2,543		2,734
Denominator for Diluted Earnings Per Share -
Adjusted Diluted Weighted Average Shares	580,222		579,726
Net Income Per Share
Basic	$	1.10	$	1.11
Diluted	$	1.10	$	1.10

The diluted earnings per share calculation excludes stock options and SARs that were anti-dilutive. Shares underlying the excluded stock options and SARs were 4.9 million and 0.2 million shares for the three months ended March 31, 2019 and 2018, respectively.