General (Tables)

3 Months Ended

Mar. 31, 2020

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Net Income for Shareholders and Participating Securities

The following table sets forth the allocation of net income available to shareholders of Class P shares and participating securities (in millions):

	Three Months Ended March 31,
	2020			2019
Net (Loss) Income Available to Common Stockholders	$	(306	)	$	556
Participating securities:
Less: Net Income allocated to restricted stock awards(a)	(3		)	(3		)
Net (Loss) Income Allocated to Class P Stockholders	$	(309	)	$	553
Basic Weighted Average Common Shares Outstanding	2,264			2,262
Basic (Loss) Earnings Per Common Share	$	(0.14	)	$	0.24

________

(a) As of March 31, 2020, there were approximately 12 million restricted stock awards outstanding.

Schedule of Antidilutive Securities

The following maximum number of potential common stock equivalents are antidilutive and, accordingly, are excluded from the determination of diluted earnings per share (in millions on a weighted-average basis):

	Three Months Ended March 31,
	2020	2019
Unvested restricted stock awards	12	13
Convertible trust preferred securities	3	3