Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v3.22.1
Earnings Per Share
3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
The following table sets forth the calculation of basic and diluted net earnings per common share ($ in millions, except per share data in dollars and shares in thousands):
Three Months Ended March 31,
  2022 2021
Earnings attributable to Centene Corporation $ 849  $ 699 
Shares used in computing per share amounts:  
Weighted average number of common shares outstanding 583,230  581,869 
Common stock equivalents (as determined by applying the treasury stock method) 7,428  7,474 
Weighted average number of common shares and potential dilutive common shares outstanding 590,658  589,343 
   
Net earnings per common share attributable to Centene Corporation:
Basic earnings per common share $ 1.46  $ 1.20 
Diluted earnings per common share $ 1.44  $ 1.19 

The calculation of diluted earnings per common share for the three months ended March 31, 2022 and 2021 excludes the impact of 923 thousand and 533 thousand shares, respectively, related to anti-dilutive stock options, restricted stock and restricted stock units.