Birkhoff–Grothendieck theorem ($E\cong {⨁}_i\mathcal{O}(a_i)$)

Every vector bundle on the projective line over a field splits as a direct sum of line bundles. Choose the largest integer $a$ with $H^0(E(-a))\ne 0$. A corresponding map $\mathcal{O}(a)\to E$ is saturated, since saturation otherwise increases its degree. Inductively split its quotient as ${⨁}_i\mathcal{O}(b_i)$. Twisting the exact sequence by $-a-1$ and using $H^1(\mathcal{O}(-1))=0$ gives $b_i\le a$. Hence all extension groups $H^1(\mathcal{O}(a-b_i))$ vanish, and the sequence splits. The multiset of degrees is determined by the dimensions of all twisted global-section spaces.