v3.20.4
Earnings Per Share
 12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Earnings Per Share

26. Earnings Per Share

The following table sets forth the computation of basic and diluted EPS for 2020, 2019 and 2018:

 

(in millions, except shares and per share data)

 

2020

 

 

2019

 

 

2018

 

Net income attributable to BlackRock, Inc.

 

$

4,932

 

 

$

4,476

 

 

$

4,305

 

Basic weighted-average shares outstanding

 

 

153,489,422

 

 

 

156,014,343

 

 

 

160,301,116

 

Dilutive effect of:

 

 

 

 

 

 

 

 

 

 

 

 

   Nonparticipating RSUs

 

 

1,275,733

 

 

 

1,445,203

 

 

 

1,647,616

 

   Stock options

 

 

75,427

 

 

 

—

 

 

 

—

 

Total diluted weighted-average shares outstanding

 

 

154,840,582

 

 

 

157,459,546

 

 

 

161,948,732

 

Basic earnings per share

 

$

32.13

 

 

$

28.69

 

 

$

26.86

 

Diluted earnings per share

 

$

31.85

 

 

$

28.43

 

 

$

26.58

 

 

 

Anti-dilutive RSUs and stock options for 2020, 2019 and 2018 were immaterial. Certain performance-based RSUs were excluded from diluted EPS calculation because the designated contingency was not met for 2020, 2019 and 2018, respectively. In addition, performance-based stock options were excluded from diluted EPS calculation for 2019 and 2018 because the designated contingency was not met.