Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Basic and Diluted Earnings Per Share

The following table presents the calculation of basic and diluted earnings per share (“EPS”):

	Three Months Ended March 31,
	2020			2019
	(in millions, except per share amounts)
Numerator:
Net (loss) income attributable to stockholders	$	(688	)	$	96
Earnings allocated to participating securities		—			—
Net (loss) income attributable to stockholders, net of earnings    allocated to participating securities	$	(688	)	$	96
Denominator:
Weighted average shares outstanding – basic		238			201
Unvested restricted shares		—			1
Weighted average shares outstanding – diluted		238			202
(Loss) earnings per share - Basic	$	(2.89	)	$	0.48
(Loss) earnings per share - Diluted	$	(2.89	)	$	0.48

⁽¹⁾ Per share amounts are calculated based on unrounded numbers.