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Net Income (Loss) Attributable to Company Per Share (Tables)
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Computation of Weighted Average Basic and Diluted Shares Outstanding

The following table sets forth the computation of weighted average basic and diluted shares outstanding (in millions, except per share data):

 

 

Three Months Ended

 

 

Six Months Ended

 

 

June 30,

 

 

June 30,

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) attributable to Company

$

69

 

 

$

(26

)

 

$

19

 

 

$

(141

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

Basic—weighted average common shares outstanding

 

390

 

 

 

386

 

 

 

389

 

 

 

386

 

Dilutive effect of employee stock options and other
unvested stock awards

 

3

 

 

 

 

 

 

3

 

 

 

 

Diluted outstanding shares

 

393

 

 

 

386

 

 

 

392

 

 

 

386

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) attributable to Company per share:

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.18

 

 

$

(0.07

)

 

$

0.05

 

 

$

(0.37

)

Diluted

$

0.18

 

 

$

(0.07

)

 

$

0.05

 

 

$

(0.37

)

 

 

 

 

 

 

 

 

 

 

 

 

Cash dividends per share

$

0.05

 

 

$

 

 

$

0.10

 

 

$

-