Net Income Per Share (Tables)

6 Months Ended

Jun. 30, 2023

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


	Three Months Ended June 30,
	2022						2023
	Class A		Class B		Class C		Class A		Class B		Class C
Basic net income per share:
Numerator
Allocation of undistributed earnings	$	7,329	$	1,081	$	7,592	$	8,600	$	1,275	$	8,493

Denominator
Number of shares used in per share computation	6,015		887		6,231		5,931		879		5,858



Basic net income per share	$	1.22	$	1.22	$	1.22	$	1.45	$	1.45	$	1.45
Diluted net income per share:
Numerator

Allocation of undistributed earnings for basic computation	$	7,329	$	1,081	$	7,592	$	8,600	$	1,275	$	8,493


Reallocation of undistributed earnings as a result of conversion of Class B to Class A shares	1,081		0		0		1,275		0		0
Reallocation of undistributed earnings	(68)		(9)		68		(75)		(10)		75
Allocation of undistributed earnings	$	8,342	$	1,072	$	7,660	$	9,800	$	1,265	$	8,568




Denominator
Number of shares used in basic computation	6,015		887		6,231		5,931		879		5,858
Weighted-average effect of dilutive securities
Add:
Conversion of Class B to Class A shares outstanding	887		0		0		879		0		0

Restricted stock units and other contingently issuable shares	0		0		106		0		0		96
Number of shares used in per share computation	6,902		887		6,337		6,810		879		5,954



Diluted net income per share	$	1.21	$	1.21	$	1.21	$	1.44	$	1.44	$	1.44


	Six Months Ended June 30,
	2022						2023
	Class A		Class B		Class C		Class A		Class B		Class C
Basic net income per share:
Numerator
Allocation of undistributed earnings	$	14,812	$	2,190	$	15,436	$	15,597	$	2,311	$	15,511

Denominator
Number of shares used in per share computation	6,013		889		6,266		5,939		880		5,906



Basic net income per share	$	2.46	$	2.46	$	2.46	$	2.63	$	2.63	$	2.63
Diluted net income per share:
Numerator

Allocation of undistributed earnings for basic computation	$	14,812	$	2,190	$	15,436	$	15,597	$	2,311	$	15,511


Reallocation of undistributed earnings as a result of conversion of Class B to Class A shares	2,190		0		0		2,311		0		0
Reallocation of undistributed earnings	(162)		(21)		162		(96)		(12)		96
Allocation of undistributed earnings	$	16,840	$	2,169	$	15,598	$	17,812	$	2,299	$	15,607




Denominator
Number of shares used in basic computation	6,013		889		6,266		5,939		880		5,906
Weighted-average effect of dilutive securities
Add:
Conversion of Class B to Class A shares outstanding	889		0		0		880		0		0

Restricted stock units and other contingently issuable shares	0		0		127		0		0		69
Number of shares used in per share computation	6,902		889		6,393		6,819		880		5,975



Diluted net income per share	$	2.44	$	2.44	$	2.44	$	2.61	$	2.61	$	2.61