
	Year Ended December 31,
(in millions, except shares and per share amounts)		2020		2019		2018

Income from continuing operations		$	2,744	$	3,468	$	2,888
Income from discontinued operations, net of tax		320		—		—
Net income		$	3,064	$	3,468	$	2,888








Weighted average shares outstanding - basic		1,144,206,326		854,143,751		849,744,152
Effect of dilutive securities:
Outstanding stock options and unvested stock awards		10,543,102		9,289,760		8,546,022


Weighted average shares outstanding - diluted		1,154,749,428		863,433,511		858,290,174

Basic earnings per share:
Continuing operations		$	2.40	$	4.06	$	3.40
Discontinued operations		0.28		—		—
Earnings per share - basic		$	2.68	$	4.06	$	3.40

Diluted earnings per share:
Continuing operations		$	2.37	$	4.02	$	3.36
Discontinued operations		0.28		—		—
Earnings per share - diluted		$	2.65	$	4.02	$	3.36

Potentially dilutive securities:
Outstanding stock options and unvested stock awards		80,180		16,359		148,422
SoftBank contingent consideration (1)		36,630,268		—		—

On April 1, 2020, in connection with the closing of the Merger, we amended and restated the Company’s certificate of incorporation in the form of the Fifth Amended and Restated Certificate of Incorporation (the “Restated Certificate”). Pursuant to the Restated Certificate, the authorized capital stock of T-Mobile consists of 2,000,000,000 shares of T-Mobile common stock and 100,000,000 shares of preferred stock, par value $0.00001 per share.

As of December 31, 2020, we had authorized 100 million shares of preferred stock, with a par value of $0.00001 per share. There was no preferred stock outstanding as of December 31, 2020 and 2019. Potentially dilutive securities were not included in the computation of diluted earnings per share if to do so would have been anti-dilutive or if there was a loss from continuing operations for the period.