Chubb Ltd
For the period ended Mar 31, 2024. Filed Apr 26, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed Apr 26, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
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Earnings per share
- Earnings per share
| Three Months Ended | ||
|---|---|---|
| March 31 | ||
| (in millions of U.S. dollars, except share and per share data) | 2024 | 2023 |
| Numerator: | ||
| Net income | $2,294 | $1,892 |
| Net income attributable to noncontrolling interests | 151 | — |
| Net income attributable to Chubb | $2,143 | $1,892 |
| Denominator: | ||
| Denominator for basic earnings per share attributable to Chubb: | ||
| Weighted-average shares outstanding | 405,662,694 | 414,289,150 |
| Denominator for diluted earnings per share attributable to Chubb: | ||
| Share-based compensation plans | 4,076,941 | 3,639,042 |
| Weighted-average shares outstanding and assumed conversions | 409,739,635 | 417,928,192 |
| Basic earnings per share attributable to Chubb | $5.28 | $4.57 |
| Diluted earnings per share attributable to Chubb | $5.23 | $4.53 |
| Potential anti-dilutive share conversions | 1,005,420 | 1,731,523 |
Excluded from weighted-average shares outstanding and assumed conversions is the impact of securities that would have been anti-dilutive during the respective periods. These securities consisted of stock options in which the underlying exercise prices were greater than the average market prices of our Common Shares. Refer to Note 16 to the Consolidated Financial Statements of our 2023 Form 10-K for additional information on stock options.
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