Net Income per Share (Tables)

9 Months Ended

Sep. 30, 2023

Schedule of Computation of Basic and Diluted Net Income Per Share Attributable to Common Stockholders

The following table sets forth the computation of basic and diluted net income per share attributable to common stockholders for the periods indicated (in millions, except per share amounts):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2023		2022		2023
Net income	$	1,214	$	4,374	$	1,574	$	5,141
Add: convertible notes interest expense, net of tax	1		1		2		2
Net income - diluted	$	1,215	$	4,375	$	1,576	$	5,143
Weighted-average shares in computing net income per share attributable to Class A and Class B common stockholders:
Basic	639		640		637		636
Effect of dilutive securities	41		20		45		29
Diluted	680		660		683		665
Net income per share attributable to Class A and Class B common stockholders:
Basic	$	1.90	$	6.83	$	2.47	$	8.08
Diluted	$	1.79	$	6.63	$	2.31	$	7.74

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

Additionally, the following securities were not included in the computation of diluted shares outstanding because the effect would be anti-dilutive (in millions):


	Three Months Ended September 30,		Nine Months Ended September 30,
	2022	2023	2022	2023



Stock options	1	2	1	2
RSUs	10	5	8	5



Total	11	7	9	7