EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2021

Summary of Basic and Diluted Earnings Per Share

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


	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
Basic:
Net income attributable to CNH Industrial	$	323	$	(942)	$	1,421	$	(657)
Weighted average common shares outstanding—basic	1,354		1,351		1,354		1,351
Basic earnings (loss) per share	$	0.24	$	(0.70)	$	1.05	$	(0.49)
Diluted:
Net income attributable to CNH Industrial	$	323	$	(942)	$	1,421	$	(657)
Weighted average common shares outstanding—basic	1,354		1,351		1,354		1,351
Effect of dilutive securities (when dilutive):
Stock compensation plans (1)	7		—		6		—
Weighted average common shares outstanding—diluted	1,361		1,351		1,360		1,351
Diluted earnings (loss) per share	$	0.24	$	(0.70)	$	1.04	$	(0.49)

(1) For the three and nine months ended September 30, 2021, 131 thousand and 252 thousand 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, 2020, the assumed exercise of stock-based compensation awards was not considered because the impact would be anti-dilutive.