Net Income (Loss) Per Share

12 Months Ended

Dec. 31, 2021

Earnings Per Share [Abstract]

Net Income (Loss) Per Share

Note 8. Net Income (Loss) Per Share

The reconciliation of the basic and diluted net income (loss) per share for the years ended December 31, 2021, 2020 and 2019, was as follows:

(In millions, except per share amounts)	2021		2020		2019
Numerator:
Net income (loss) attributable to Resolute Forest Products Inc.	$	307	$	10	$	(47)
Denominator:
Weighted-average number of Resolute Forest Products Inc. common shares outstanding		79.5		86.1		91.4
Dilutive impact of nonvested stock unit awards and stock options		0.8		0.3		—
Diluted weighted-average number of Resolute Forest Products Inc. common shares outstanding		80.3		86.4		91.4
Net income (loss) per share attributable to Resolute Forest Products Inc. common shareholders:
Basic	$	3.87	$	0.12	$	(0.51)
Diluted	$	3.83	$	0.12	$	(0.51)

The weighted-average number of outstanding stock options and nonvested equity-classified RSUs, DSUs and PSUs (collectively, “stock unit awards”) that were excluded from the calculation of diluted net income (loss) per share, as their impact would have been antidilutive, for the years ended December 31, 2021, 2020 and 2019, was as follows:

(In millions)	2021	2020	2019
Stock options	0.4	0.9	1.0
Stock unit awards	—	0.6	2.1