Net Income per Share (Tables)

3 Months Ended

Mar. 31, 2024

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 March 31,
		2023		2024
Net income		$	117	$	264
Add: convertible notes interest expense, net of tax		1		1
Net income - diluted		$	118	$	265
Weighted-average shares in computing net income per share attributable to Class A and Class B common stockholders:
Basic		634		638
Effect of dilutive securities		36		16
Diluted		670		654
Net income per share attributable to Class A and Class B common stockholders:
Basic		$	0.18	$	0.41
Diluted		$	0.18	$	0.41

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 March 31,
	2023	2024



Stock options		1	2
RSUs		8	4



Total		9	6