XML 55 R43.htm IDEA: XBRL DOCUMENT v3.24.0.1
Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Reconciliation of Weighted Average Number of Shares of Common Stock Outstanding

Below is a reconciliation of the weighted average number of shares of common stock outstanding in calculating Diluted EPS for the periods presented:

 

 

 

Year ended December 31,

 

 

 

2023

 

 

2022

 

 

2021

 

 

 

(shares in thousands and $ in millions, except per share amounts)

 

Numerator:

 

 

 

 

 

 

 

 

 

Net income (loss) used to compute Basic EPS

 

$

10

 

 

$

20

 

 

$

(148

)

Interest expense on 2026 Senior Notes, net of tax

 

 

1

 

 

 

1

 

 

 

—

 

Net income (loss) used to compute Diluted EPS

 

$

11

 

 

$

21

 

 

$

(148

)

Denominator:

 

 

 

 

 

 

 

 

 

Weighted average shares used to compute Basic EPS

 

 

139,412

 

 

 

139,923

 

 

 

137,234

 

Weighted average effect of dilutive securities:

 

 

 

 

 

 

 

 

 

Stock-based awards (Note 13)

 

 

729

 

 

 

1,073

 

 

 

—

 

2026 Senior Notes (Note 8)

 

 

4,674

 

 

 

4,674

 

 

 

—

 

Weighted average shares used to compute Diluted EPS

 

 

144,815

 

 

 

145,670

 

 

 

137,234

 

Basic EPS

 

$

0.07

 

 

$

0.14

 

 

$

(1.08

)

Diluted EPS

 

$

0.08

 

 

$

0.14

 

 

$

(1.08

)