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Earnings per Share (Tables)
 9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Reconciliation of Basic and Diluted Earnings (Loss) Per Share

A reconciliation of basic and diluted earnings (loss) per share is as follows (in millions, except per share amounts):

  

 

Three Months Ended

September 30,

 

 

Nine Months Ended

September 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Basic:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) attributable to CNH Industrial

 

$

53

 

 

$

39

 

 

$

341

 

 

$

(347

)

Weighted average common shares outstanding—basic

 

 

1,364

 

 

 

1,362

 

 

 

1,364

 

 

 

1,362

 

Basic earnings (loss) per share

 

$

0.04

 

 

$

0.03

 

 

$

0.25

 

 

$

(0.25

)

Diluted:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) attributable to CNH Industrial

 

$

53

 

 

$

39

 

 

$

341

 

 

$

(347

)

Weighted average common shares outstanding—basic

 

 

1,364

 

 

 

1,362

 

 

 

1,364

 

 

 

1,362

 

Effect of dilutive securities (when dilutive):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock compensation plans (A)

 

 

2

 

 

 

2

 

 

 

3

 

 

 

-

 

Weighted average common shares outstanding—diluted

 

 

1,366

 

 

 

1,364

 

 

 

1,367

 

 

 

1,362

 

Diluted earnings (loss) per share

 

$

0.04

 

 

$

0.03

 

 

$

0.25

 

 

$

(0.25

)

 

(A)

For the three and nine months ended September 30, 2017,  no shares were excluded from the computation of diluted earnings per share due to an anti-dilutive impact. For the three and nine months ended September 30, 2016, 6.5 million shares were excluded from the computation of diluted earnings per share as the impact of these shares (related to stock options) would have been anti-dilutive. For the nine months ended September 30, 2016, an additional 1.7 million shares of common stock were excluded due to the Company’s net loss position.