Loss Per Share

3 Months Ended

Mar. 31, 2021

Loss Per Share

Loss Per Share

Note 9—Loss Per Share

The computation of basic and diluted loss per share were as follows (in millions, except per share data):

	Three months ended
	March 31,
	2021		2020
Numerator for loss per share, basic and diluted
Net loss attributable to controlling interest	$	(99)	$	(392)
Denominator for loss per share, basic and diluted
Weighted-average shares outstanding		616		613
Effect of share-based awards		1		1
Weighted-average shares for per share calculation		617		614
Loss per share, basic and diluted	$	(0.16)	$	(0.64)

In the three months ended March 31, 2021 and 2020, we excluded from the calculation 13.8 million and 11.1 million shares issuable, respectively, pursuant to share-based awards since the effect would have been antidilutive.  In the three months ended March 31, 2021 and 2020, we excluded from the calculation 92.9 million and 84.0 million shares issuable, respectively, upon exchange of the 0.50% Exchangeable Senior Bonds, the 2.50% Senior Guaranteed Exchangeable Bonds and the 4.00% Senior Guaranteed Exchangeable Bonds since the effect would have been antidilutive.