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Earnings per Share (Tables)
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted Weighted-Average Shares Outstanding
The following is a calculation of basic and diluted net earnings per share under the two-class method:
Three Months Ended 
June 30,
Six Months Ended 
June 30,
(In millions, except per share amounts)2024202320242023
Income (Numerator)
Net income$220 $209 $572 $886 
Less: dividends attributable to participating securities(1)(1)(1)(3)
Net income available to common stockholders$219 $208 $571 $883 
Shares (Denominator)
Weighted average shares - Basic742 755 746 760 
Dilution effect of stock awards at end of period
Weighted average shares - Diluted748 760 752 764 
Earnings per share
Basic$0.30 $0.28 $0.77 $1.16 
Diluted$0.29 $0.27 $0.76 $1.16 
Calculation of Weighted-average Shares Excluded from Diluted EPS Due to the Anti-Dilutive Effect
The following is a calculation of weighted-average shares excluded from diluted EPS due to the anti-dilutive effect:
Three Months Ended 
June 30,
Six Months Ended 
June 30,
(In millions)2024202320242023
Weighted-average stock awards excluded from diluted EPS due to the anti-dilutive effect calculated using the treasury stock method— — —