Net Income (Loss) Per Common Share (Tables)

6 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Schedule of Earnings (Loss) Per Share

The following table sets forth the calculation of net loss attributable to common stockholders and the computation of basic and diluted loss per share for the periods indicated:

	Three months ended March 31,						Six months ended March 31,
(In millions, except per share amounts)	2020			2019			2020			2019
Loss per share:
Numerator
Net loss	$	(672)		$	(13)		$	(726)		$	(4)
Dividends and accretion to preferred stockholders	(1)			—			(6)			—
Undistributed loss	(673)			(13)			(732)			(4)
Percentage allocated to common stockholders(1)	100.0		%	100.0		%	100.0		%	100.0		%
Numerator for basic and diluted loss per common share	$	(673)		$	(13)		$	(732)		$	(4)
Denominator for basic and diluted loss per weighted average common shares	93.0			110.8			101.1			110.5
Loss per common share
Basic	$	(7.24)		$	(0.12)		$	(7.24)		$	(0.04)
Diluted	$	(7.24)		$	(0.12)		$	(7.24)		$	(0.04)
(1) Basic weighted average common stock outstanding	93.0			110.8			101.1			110.5
Basic weighted average common stock and common stock equivalents (preferred shares)	93.0			110.8			101.1			110.5
Percentage allocated to common stockholders	100.0		%	100.0		%	100.0		%	100.0		%