v3.22.1
Earnings Per Share
3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Earnings Per Share

22. Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share (“EPS”) for the three months ended March 31, 2022 and 2021 under the treasury stock method:

 

 

Three Months Ended

 

 

March 31,

 

(in millions, except shares and per share data)

2022

 

 

2021

 

Net income attributable to BlackRock, Inc.

$

1,436

 

 

$

1,199

 

Basic weighted-average shares outstanding

 

151,732,845

 

 

 

152,567,453

 

Dilutive effect of:

 

 

 

 

 

 

 

   Nonparticipating RSUs

 

1,229,694

 

 

 

1,284,020

 

   Stock options

 

567,856

 

 

$

450,339

 

Total diluted weighted-average shares outstanding

 

153,530,395

 

 

 

154,301,812

 

Basic earnings per share

$

9.46

 

 

$

7.86

 

Diluted earnings per share

$

9.35

 

 

$

7.77

 

 

For the three months ended March 31, 2022, 443,223 RSUs were excluded from the calculation of diluted EPS because to include them would have an anti-dilutive effect. The amount of anti-dilutive RSUs was immaterial for the three months ended March 31, 2021. Certain performance-based RSUs were excluded from the diluted EPS calculation because the designated contingency was not met for the three months ended March 31, 2022 and 2021, respectively.