v3.24.2
Earnings per Share (Tables)
6 Months Ended
Jun. 30, 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 June 30,Six Months Ended June 30,
 2024
2023 (2)
2024
2023 (2)
Basic EPS:
Numerator
Distributed earnings$1,266 $— $2,539 $— 
Undistributed earnings12,199 7,788 23,295 13,498 
Net income$13,465 $7,788 $25,834 $13,498 
Denominator
Shares used in computation of basic EPS (1)
2,534 2,568 2,540 2,577 
Basic EPS$5.31 $3.03 $10.17 $5.24 
Diluted EPS:
Numerator
Net income for diluted EPS$13,465 $7,788 $25,834 $13,498 
Denominator
Shares used in computation of basic EPS2,534 2,568 2,540 2,577 
Weighted-average effect of dilutive RSUs76 44 79 27 
Shares used in computation of diluted EPS2,610 2,612 2,619 2,604 
Diluted EPS$5.16 $2.98 $9.86 $5.18 
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(1)Include 2,189 million and 2,217 million shares of Class A common stock and 345 million and 351 million shares of Class B common stock, for the three months ended June 30, 2024 and 2023, respectively, and 2,193 million and 2,220 million shares of Class A common stock and 347 million and 357 million shares of Class B common stock, for the six months ended June 30, 2024 and 2023, respectively.
(2)The prior period EPS for Class A and Class B common stock has been presented together to conform with current period presentation, which had no impact on our previously reported basic or diluted EPS.