| Schedule of Computation of Basic and Diluted Net Income Per Share |
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 March 31, | | | 2025 | | 2026 | | | | Class A | | Class B | | Class C | | Consolidated | | Class A | | Class B | | Class C | | Consolidated | | | Basic net income per share: | | | | | | | | | | | | | | | | | | Numerator | | | | | | | | | | | | | | | | | | Allocation of distributed earnings (cash dividends paid) | $ | 1,167 | | | $ | 171 | | | $ | 1,096 | | | $ | 2,434 | | | $ | 1,223 | | | $ | 175 | | | $ | 1,144 | | | $ | 2,542 | | | | Allocation of undistributed earnings | 15,367 | | | 2,264 | | | 14,475 | | | 32,106 | | | 28,889 | | | 4,153 | | | 26,994 | | | 60,036 | | | | Net income | $ | 16,534 | | | $ | 2,435 | | | $ | 15,571 | | | $ | 34,540 | | | $ | 30,112 | | | $ | 4,328 | | | $ | 28,138 | | | $ | 62,578 | | | | Denominator | | | | | | | | | | | | | | | | | | Number of shares used in per share computation | 5,831 | | | 859 | | | 5,493 | | | 12,183 | | | 5,822 | | | 837 | | | 5,440 | | | 12,099 | | | | Basic net income per share | $ | 2.84 | | | $ | 2.83 | | | $ | 2.83 | | | $ | 2.84 | | | $ | 5.17 | | | $ | 5.17 | | | $ | 5.17 | | | $ | 5.17 | | | | Diluted net income per share: | | | | | | | | | | | | | | | | | | Numerator | | | | | | | | | | | | | | | | | | Allocation of total earnings for basic computation | $ | 16,534 | | | $ | 2,435 | | | $ | 15,571 | | | $ | 34,540 | | | $ | 30,112 | | | $ | 4,328 | | | $ | 28,138 | | | $ | 62,578 | | | | Reallocation of total earnings as a result of conversion of Class B to Class A shares | 2,435 | | | 0 | | | 0 | | | _(1) | | 4,328 | | | 0 | | | 0 | | | _(1) | | | Reallocation of undistributed earnings | (156) | | | (20) | | | 156 | | | _(1) | | (375) | | | (47) | | | 375 | | | _(1) | | | Net income | $ | 18,813 | | | $ | 2,415 | | | $ | 15,727 | | | $ | 34,540 | | | $ | 34,065 | | | $ | 4,281 | | | $ | 28,513 | | | 62,578 | | | | Denominator | | | | | | | | | | | | | | | | | | Number of shares used in basic computation | 5,831 | | | 859 | | | 5,493 | | | 12,183 | | | 5,822 | | | 837 | | | 5,440 | | | 12,099 | | | | Weighted-average effect of dilutive securities | | | | | | | | | | | | | | | | | | Add: | | | | | | | | | | | | | | | | | | Conversion of Class B to Class A shares outstanding | 859 | | | 0 | | | 0 | | | _(1) | | 837 | | | 0 | | | 0 | | | _(1) | | | Restricted stock units and other contingently issuable shares | 0 | | | 0 | | | 108 | | | 108 | | | 0 | | | 0 | | | 139 | | | 139 | | | | Number of shares used in per share computation | 6,690 | | | 859 | | | 5,601 | | | 12,291 | | | 6,659 | | | 837 | | | 5,579 | | | 12,238 | | | | Diluted net income per share | $ | 2.81 | | | $ | 2.81 | | | $ | 2.81 | | | $ | 2.81 | | | $ | 5.12 | | | $ | 5.11 | | | $ | 5.11 | | | $ | 5.11 | | |
(1)Not applicable for consolidated net income per share.
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