v3.24.1.u1
Earnings per Share (Tables)
3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Numerators and Denominators of Basic and Diluted EPS Computations for Common Stock
The numerators and denominators of the basic and diluted EPS computations for our common stock are calculated as follows (in millions, except per share amounts):
 Three Months Ended March 31,
 2024
2023 (2)
Basic EPS:
Numerator
Distributed earnings$1,273 $— 
Undistributed earnings11,096 5,709 
Net income$12,369 $5,709 
Denominator
Shares used in computation of basic EPS (1)
2,545 2,587 
Basic EPS$4.86 $2.21 
Diluted EPS:
Numerator
Net income for diluted EPS$12,369 $5,709 
Denominator
Shares used in computation of basic EPS2,545 2,587 
Weighted-average effect of dilutive RSUs80 
Shares used in computation of diluted EPS2,625 2,596 
Diluted EPS$4.71 $2.20 
____________________________________
(1)    Include 2,197 million and 2,223 million shares of Class A common stock and 348 million and 364 million shares of Class B common stock, for the three months ended March 31, 2024 and 2023, respectively.
(2)    The prior period EPS for Class A and Class B has been presented together to conform with current period presentation, which had no impact on our previously reported basic or diluted EPS.