v3.24.0.1
Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings Per Share
The computation of basic and diluted earnings per share was as follows:
Year Ended December 31,
(in millions, except shares and per share amounts)202320222021
Net income$8,317 $2,590 $3,024 
Weighted-average shares outstanding – basic1,185,121,562 1,249,763,934 1,247,154,988 
Effect of dilutive securities:
Outstanding stock options, unvested stock awards and SoftBank contingent consideration (2)
15,164,702 5,612,835 7,614,938 
Weighted-average shares outstanding – diluted1,200,286,264 1,255,376,769 1,254,769,926 
Earnings per share – basic$7.02 $2.07 $2.42 
Earnings per share – diluted$6.93 $2.06 $2.41 
Potentially dilutive securities:
Outstanding stock options and unvested stock awards148,537 16,616 139,619 
SoftBank contingent consideration (1)
— 48,751,557 48,751,557 
(1)     Represents the weighted-average number of shares (“SoftBank Specified Shares”) that were contingently issuable from the Merger date of April 1, 2020, pursuant to a letter agreement dated February 20, 2020, between T-Mobile, SoftBank and DT (the “ Letter Agreement”).
(2)     During 2023, the SoftBank Specified Shares were issued and included in our calculations of basic and diluted weighted-average shares outstanding as further described below.