Earnings per Share

3 Months Ended

Mar. 31, 2024

Earnings Per Share Reconciliation [Abstract]

EARNINGS PER SHARE

The following is a reconciliation of the income and share data used in the basic and diluted earnings per share computations for the periods presented:


	Three Months Ended March 31,
(in millions, except per share amounts)	2024		2023
Basic and Diluted
Net income, as reported	$	1,123	$	975
Participating share-based awards — allocated income	(8)		(7)
Net income available to common shareholders — basic and diluted	$	1,115	$	968
Common Shares
Basic
Weighted average shares outstanding	229.0		231.7
Diluted
Weighted average shares outstanding	229.0		231.7
Weighted average effects of dilutive securities — stock options and performance shares	3.0		2.7
Total	232.0		234.4
Net Income per Common Share
Basic	$	4.87	$	4.18
Diluted	$	4.80	$	4.13