Basic net income per share is computed using the weighted average number of common shares outstanding for the period, excluding unvested stock-based awards and purchase rights. Diluted net income per share is based upon the weighted average common shares outstanding for the period plus dilutive potential common shares, including unvested restricted stock units, stock purchase rights and performance share awards using the treasury stock method. Performance share awards are included based on the number of shares that would be issued as if the end of the reporting period was the end of the performance period and the result was dilutive.


(in millions, except per share data)	2025		2024		2023
Net income	$	7,130	$	5,560	$	5,428

Shares used to compute basic net income per share	426.2		447.1		457.1
Dilutive potential common shares from stock plans and programs	0.8		2.6		2.0
Shares used to compute diluted net income per share	427.0		449.7		459.1

Basic net income per share	$	16.73	$	12.43	$	11.87
Diluted net income per share	$	16.70	$	12.36	$	11.82

Anti-dilutive potential common shares	5.1		1.9		2.7