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Earnings per Share
9 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Earnings per Share
Earnings per Share

Basic earnings per share for all periods presented equals net income (loss) divided by the weighted average number of our shares outstanding during the period including participating securities. Diluted earnings (loss) per share is computed by dividing net income (loss) by the weighted average number of our shares outstanding during the period including participating securities and potentially dilutive shares. The following table presents our basic and diluted weighted average shares outstanding for the third quarter and the first nine months of 2018 and 2017:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(Shares in millions)
2018
 
2017
 
2018
 
2017
Basic and Diluted weighted average shares outstanding
998

 
990

 
996

 
989



Our basic and diluted weighted average shares outstanding for the periods presented are equivalent due to the net loss attributable to shareholders. Diluted weighted average shares outstanding for the third quarter and the first nine months of 2018 and 2017 exclude potential shares for stock options, restricted shares, performance units, exchangeable notes, warrant outstanding and the Employee Stock Purchase Plan as we have net losses for those periods and their inclusion would be anti-dilutive. The following table discloses the number of anti-dilutive shares excluded for the third quarter and the first nine months of 2018 and 2017:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(Shares in millions)
2018
 
2017
 
2018
 
2017
Anti-dilutive potential shares due to net loss
251

 
250

 
251

 
250