Earnings Per Share | | | | | | | | | | | | | | | | | Three Months Ended | | | | March 31, 2024 | | March 31, 2023 | | | | | | Basic earnings per share | | | | | | | | | Net income (loss) attributable to stockholders | $ | 2,980 | | | $ | 2,395 | | | | | | | Less: cumulative dividends on subsidiary preferred stock(a) | (9) | | | (27) | | | | | | | | | | | | | | | | | | | | | | | Net income (loss) attributable to common stockholders | $ | 2,970 | | | $ | 2,369 | | | | | | | | | | | | | | | Weighted-average common shares outstanding | 1,155 | | | 1,396 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Basic earnings per common share | $ | 2.57 | | | $ | 1.70 | | | | | | | Diluted earnings per share | | | | | | | | | | | | | | | | | | | | | | | | | Net income (loss) attributable to common stockholders – diluted | $ | 2,970 | | | $ | 2,369 | | | | | | | | | | | | | | | Weighted-average common shares outstanding – basic | 1,155 | | | 1,396 | | | | | | | Dilutive effect of awards under stock incentive plans | 7 | | | 6 | | | | | | | Weighted-average common shares outstanding – diluted | 1,162 | | | 1,402 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Diluted earnings per common share | $ | 2.56 | | | $ | 1.69 | | | | | | | Potentially dilutive securities(b) | 17 | | | 22 | | | | | |
__________ (a)Includes an insignificant amount in participating securities income from a subsidiary for the three months ended March 31, 2024. (b)Potentially dilutive securities attributable to outstanding stock options, Restricted Stock Units (RSUs) and Performance Stock Units (PSUs) at March 31, 2024 and 2023 were excluded from the computation of diluted earnings per share (EPS) because the securities would have had an antidilutive effect.
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