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Earnings (Loss) Per Share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings (Loss) Per Share

Basic and diluted earnings (loss) per share follows (in millions, except share data)

 

Three Months Ended March 31,

 

 

2020

 

 

2019

 

Numerator:

 

 

 

 

 

 

 

Net income (loss) attributable to the Company

$

(331

)

 

$

18

 

Less: net income attributable to participating securities

 

 

 

 

 

Net income (loss) attributable to the Company's stockholders

$

(331

)

 

$

18

 

Denominator:

 

 

 

 

 

 

 

Weighted average basic common shares outstanding

 

109,251,892

 

 

 

108,556,369

 

Effect of dilutive securities

 

 

 

 

504,426

 

Weighted average diluted common shares outstanding

 

109,251,892

 

 

 

109,060,795

 

Earnings (loss) per share attributable to the Company's stockholders:

 

 

 

 

 

 

 

Basic

$

(3.03

)

 

$

0.17

 

Diluted

$

(3.03

)

 

$

0.16