Net Income Per Share

3 Months Ended

Mar. 31, 2022

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, 2022 and 2021 (in millions, except per share data):

	Three Months Ended March 31,
	2022		2021
Numerator for Basic and Diluted Earnings Per Share -
Net Income	$	390	$	677
Denominator for Basic Earnings Per Share -
Weighted Average Shares	582		580
Potential Dilutive Common Shares -
Stock Options/SARs/ESPP	1		1
Restricted Stock/Units and Performance Units	3		2
Denominator for Diluted Earnings Per Share -
Adjusted Diluted Weighted Average Shares	586		583
Net Income Per Share
Basic	$	0.67	$	1.17
Diluted	$	0.67	$	1.16

The diluted earnings per share calculation excludes stock option, SAR and ESPP grants that were anti-dilutive. Shares underlying the excluded stock option, SAR and ESPP grants were 2 million and 8 million for the three-month periods ended March 31, 2022 and 2021, respectively.