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To extract the last name from a list of names in Excel, use the TEXTAFTER function. In the formula bar, type: =TEXTAFTER(cell containing name, " ", -1). The first argument is the cell with the name, and the second argument specifies the delimiter, which is a space (" "). The instance number should be -1 to target the last name. Once the formula is entered, it can be copied into the cells below to apply it to the rest of the names in the list.