Earnings Per Share

3 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share

Computation of Earnings Per Share 

	First Quarter
	2023		2022
	(in millions, except per share amounts)
Basic Earnings Per Share (EPS):
Net income (loss) attributable to AGL	$	81	$	66
Less: Distributed and undistributed income (loss) available to nonvested shareholders	—		—
Distributed and undistributed income (loss) available to common shareholders of AGL and subsidiaries, basic	$	81	$	66
Basic shares	59.1		66.3
Basic EPS	$	1.37	$	1.00
Diluted EPS:
Distributed and undistributed income (loss) available to common shareholders of AGL and subsidiaries, basic	$	81	$	66
Plus: Re-allocation of undistributed income (loss) available to nonvested shareholders of AGL and subsidiaries	—		—
Distributed and undistributed income (loss) available to common shareholders of AGL and subsidiaries, diluted	$	81	$	66
Basic shares	59.1		66.3
Dilutive securities:
Restricted stock awards	1.3		1.1
Diluted shares	60.4		67.4
Diluted EPS	$	1.34	$	0.98
Potentially dilutive securities excluded from computation of EPS because of antidilutive effect	0.1		0.2