Net Income Per Share (Tables)

6 Months Ended

Jun. 30, 2021

Earnings Per Share [Abstract]

Schedule of earnings per share

The following table sets forth the computation of basic and diluted net income per share of Class A and Class B common stock and Class C capital stock (in millions, except share amounts which are reflected in thousands, and per share amounts):


			Three Months Ended June 30,
			2020																		2021
			Class A						Class B						Class C						Class A						Class B						Class C
Basic net income per share:
Numerator
Allocation of undistributed earnings			$	3,055					$	473					$	3,431					$	8,321					$	1,265					$	8,939

Denominator
Number of shares used in per share computation			299,308						46,355						336,105						300,485						45,692						322,781



Basic net income per share			$	10.21					$	10.21					$	10.21					$	27.69					$	27.69					$	27.69
Diluted net income per share:
Numerator

Allocation of undistributed earnings for basic computation			$	3,055					$	473					$	3,431					$	8,321					$	1,265					$	8,939


Reallocation of undistributed earnings as a result of conversion of Class B to Class A shares			473						0						0						1,265						0						0
Reallocation of undistributed earnings			(26)						(3)						26						(149)						(19)						149
Allocation of undistributed earnings			$	3,502					$	470					$	3,457					$	9,437					$	1,246					$	9,088




Denominator
Number of shares used in basic computation			299,308						46,355						336,105						300,485						45,692						322,781
Weighted-average effect of dilutive securities
Add:
Conversion of Class B to Class A common shares outstanding			46,355						0						0						45,692						0						0

Restricted stock units and other contingently issuable shares			92						0						5,164						15						0						10,639
Number of shares used in per share computation			345,755						46,355						341,269						346,192						45,692						333,420



Diluted net income per share			$	10.13					$	10.13					$	10.13					$	27.26					$	27.26					$	27.26


			Six Months Ended June 30,
			2020																		2021
			Class A						Class B						Class C						Class A						Class B						Class C
Basic net income per share:
Numerator
Allocation of undistributed earnings			$	6,042					$	935					$	6,818					$	16,330					$	2,485					$	17,640

Denominator
Number of shares used in per share computation			299,642						46,383						338,092						300,610						45,742						324,737



Basic net income per share			$	20.16					$	20.16					$	20.16					$	54.32					$	54.32					$	54.32
Diluted net income per share:
Numerator

Allocation of undistributed earnings for basic computation			$	6,042					$	935					$	6,818					$	16,330					$	2,485					$	17,640


Reallocation of undistributed earnings as a result of conversion of Class B to Class A shares			935						0						0						2,485						0						0
Reallocation of undistributed earnings			(53)						(7)						53						(269)						(36)						269
Allocation of undistributed earnings			$	6,924					$	928					$	6,871					$	18,546					$	2,449					$	17,909




Denominator
Number of shares used in basic computation			299,642						46,383						338,092						300,610						45,742						324,737
Weighted-average effect of dilutive securities
Add:
Conversion of Class B to Class A common shares outstanding			46,383						0						0						45,742						0						0

Restricted stock units and other contingently issuable shares			135						0						5,394						17						0						9,736
Number of shares used in per share computation			346,160						46,383						343,486						346,369						45,742						334,473



Diluted net income per share			$	20.00					$	20.00					$	20.00					$	53.54					$	53.54					$	53.54