Net Income (Loss) Per Share (Tables)

3 Months Ended

Mar. 31, 2022

Schedule of basic and diluted net income per share

The following table presents the computation of basic and diluted net income (loss) per share for the periods indicated (in millions, except per share amounts):


	Three Months Ended March 31,
	2022		2021
Numerator:
Income (loss) from continuing operations	$	(1,339)	$	568
Income (loss) from discontinued operations, net of income taxes	(2)		73
Net income (loss)	$	(1,341)	$	641
Denominator:
Weighted average shares of common stock - basic	587		681
Dilutive effect of equity incentive awards	—		12
Weighted average shares of common stock - diluted	587		693


Income (loss) per share - basic:
Continuing operations	$	(2.28)	$	0.83
Discontinued operations	—		0.11
Net income (loss) per share - basic	$	(2.28)	$	0.94
Income (loss) per share - diluted:
Continuing operations	$	(2.28)	$	0.82
Discontinued operations	—		0.10
Net income (loss) per share - diluted	$	(2.28)	$	0.92
Common stock equivalents excluded from income (loss) per diluted share because their effect would have been anti-dilutive	7		1