Earnings Per Share

3 Months Ended

Mar. 31, 2022

EARNINGS PER SHARE

The following table sets forth the computation of basic and diluted earnings per share:
















	Three Months Ended March 31,
	2022		2021
Numerator:	(in millions, except share and per share amounts)
Net income attributable to common shareholders	$	284	$	298
Denominator:
Weighted-average common shares outstanding for basic earnings per share	165,048,113		164,709,609
Weighted-average effect of dilutive securities:
Employee equity awards	2,200,025		2,382,473

Weighted-average common shares outstanding for diluted earnings per share	167,248,138		167,092,082
Basic and diluted earnings per share:
Basic earnings per share	$	1.72	$	1.81
Diluted earnings per share	$	1.70	$	1.78

In the tables above, employee equity awards from our PSU program, which are considered contingently issuable, are included in the computation of dilutive earnings per share on a weighted average basis when management determines that the applicable performance criteria would have been met if the performance period ended as of the date of the relevant computation.

Securities that were not included in the computation of diluted earnings per share because their effect was antidilutive were immaterial for the three months ended March 31, 2022.