Earnings (Loss) Per Share (Tables)

9 Months Ended

Sep. 30, 2020

Earnings (Loss) Per Share

Earnings (Loss) Per Share

The numerator and denominator used to compute earnings (loss) per share were as follows (in millions, except per share data):

	Three months ended September 30,								Nine months ended September 30,
	2020				2019				2020				2019
	Basic		Diluted		Basic		Diluted		Basic		Diluted		Basic		Diluted
Numerator for earnings (loss) per share
Net income (loss) attributable to controlling interest	$	359	$	359	$	(825)	$	(825)	$	(530)	$	(530)	$	(1,204)	$	(1,204)
Effect of interest expense on convertible debt instruments		—		1		—		—		—		—		—		—
Earnings (loss) for per share calculation	$	359	$	360	$	(825)	$	(825)	$	(530)	$	(530)	$	(1,204)	$	(1,204)
Denominator for earnings (loss) per share
Weighted-average shares outstanding		615		615		612		612		614		614		611		611
Effect of share-based awards		1		3		1		1		1		1		1		1
Effect of convertible debt instruments		—		84		—		—		—		—		—		—
Weighted-average shares for per share calculation		616		702		613		613		615		615		612		612
Earnings (loss) per share	$	0.58	$	0.51	$	(1.35)	$	(1.35)	$	(0.86)	$	(0.86)	$	(1.97)	$	(1.97)