Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.22.2
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted Net Earnings Per Common Share
The following table sets forth the calculation of basic and diluted net earnings (loss) per common share ($ in millions, except per share data in dollars and shares in thousands):
Three Months Ended June 30, Six Months Ended June 30,
  2022 2021 2022 2021
Earnings (loss) attributable to Centene Corporation $ (172) $ (535) $ 677  $ 164 
Shares used in computing per share amounts:  
Weighted average number of common shares outstanding 583,644  582,804  583,435  582,331 
Common stock equivalents (as determined by applying the treasury stock method) —  —  6,791  7,468 
Weighted average number of common shares and potential dilutive common shares outstanding 583,644  582,804  590,226  589,799 
   
Net earnings (loss) per common share attributable to Centene Corporation:
Basic earnings (loss) per common share $ (0.29) $ (0.92) $ 1.16  $ 0.28 
Diluted earnings (loss) per common share $ (0.29) $ (0.92) $ 1.15  $ 0.28