Net Earnings (Loss) per Share (Tables)

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

Schedule Of Earnings Per Share Basic And Diluted

The following table sets forth the computation of net earnings (loss) per share on a basic and diluted basis pursuant to the two-class method for the periods indicated (in millions, except for share and per share amounts):

	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Basic:
Net income (loss)	$	71	$	13	$	58	$	(108)
Less: net income attributable to participating rights	(2)		—		(2)		—
Net income (loss) attributable to common stockholders	$	69	$	13	$	56	$	(108)
Weighted-average common shares outstanding, basic	219,402,647		217,602,480		218,792,850		217,438,904
Net earnings (loss) per share, basic	$	0.32	$	0.06	$	0.26	$	(0.49)
Diluted:
Net income (loss)	$	71	$	13	$	58	$	(108)
Less: net income attributable to participating rights	(2)		—		(2)		—
Net income (loss) attributable to common stockholders	$	69	$	13	$	56	$	(108)
Weighted-average common shares outstanding, basic	219,402,647		217,602,480		218,792,850		217,438,904
Effect of dilutive potential common shares	1,023,012		1,334,065		1,430,423		—
Weighted-average common shares outstanding, diluted	220,425,659		218,936,545		220,223,273		217,438,904
Net earnings (loss) per share, diluted	$	0.31	$	0.06	$	0.26	$	(0.49)