| Computation of basic and diluted earnings/(loss) per share |
The following table presents the computation of basic and diluted earnings per share of common stock. | | | | | | | | | | | | | | | | | | | | | | ($ in millions except per share amounts) | | | | | | | | For the year ended December 31: | | 2025 (1) | | 2024 (1) | | 2023 | | Weighted-average number of shares on which earnings per share calculations are based | | | | | | | | Basic | | 932,293,927 | | 921,767,834 | | 911,210,319 | | Add—incremental shares under stock-based compensation plans | | 13,853,308 | | 13,012,755 | | 8,700,951 | | Add—incremental shares associated with contingently issuable shares | | 2,527,994 | | 2,380,636 | | 2,162,558 | | Assuming dilution | | 948,675,228 | | 937,161,224 | | 922,073,828 | | Income from continuing operations | | $ | 10,571 | | | $ | 6,015 | | | $ | 7,514 | | | Income/(loss) from discontinued operations, net of tax | | 22 | | | 8 | | | (12) | | | Net income on which basic and dilutive earnings per share is calculated | | $ | 10,593 | | | $ | 6,023 | | | $ | 7,502 | | | Earnings/(loss) per share of common stock | | | | | | | | Assuming dilution | | | | | | | | Continuing operations | | $ | 11.14 | | | $ | 6.42 | | | $ | 8.15 | | | Discontinued operations | | 0.02 | | | 0.01 | | | (0.01) | | | Total | | $ | 11.17 | | | $ | 6.43 | | | $ | 8.14 | | | Basic | | | | | | | | Continuing operations | | $ | 11.34 | | | $ | 6.53 | | | $ | 8.25 | | | Discontinued operations | | 0.02 | | | 0.01 | | | (0.01) | | | Total | | $ | 11.36 | | | $ | 6.53 | | | $ | 8.23 | |
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