Earnings (Loss) Per Share (Tables)

9 Months Ended

Sep. 30, 2020

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings (Loss) Per Share

13

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

	Three Months Ended September 30,					Nine Months Ended September 30,
	2020			2019		2020			2019
Numerator:
Net income (loss) attributable to the Company	$	(22	)	$	10	$	(383	)	$	42
Less: net income attributable to participating securities		—			—		—			—
Net income (loss) attributable to the Company's stockholders	$	(22	)	$	10	$	(383	)	$	42
Denominator:
Weighted average basic common shares outstanding		109,379,627			108,796,947		109,323,228			108,702,139
Effect of dilutive securities		—			337,384		—			467,610
Weighted average diluted common shares outstanding		109,379,627			109,134,331		109,323,228			109,169,749
Earnings (loss) per share attributable to the Company's stockholders:
Basic	$	(0.20	)	$	0.09	$	(3.50	)	$	0.38
Diluted	$	(0.20	)	$	0.09	$	(3.50	)	$	0.38