Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2017

Schedule of earnings per share, basic and diluted

The following table presents the calculation of our basic and diluted earnings per share ("EPS"). The weighted average shares outstanding for the three months ended March 31, 2016 reflect 98,802,597 shares distributed on January 3, 2017, our spin-off date, to our stockholders. See Note 1: Organization and Basis of Presentation for further discussion. The weighted average shares outstanding for the three months ended March 31, 2017 used to compute basic EPS and diluted EPS is 98,798,007 and 99,339,928, respectively.



	Three Months Ended March 31,
($ in millions, except per share amounts)	2017		2016
Basic EPS:
Numerator:
Net Income	$	50	$	48
Denominator:
Weighted average shares outstanding	99		99
Basic EPS	$	0.51	$	0.48

Diluted EPS:
Numerator:
Net Income	$	50	$	48
Denominator:
Weighted average shares outstanding	99		99
Diluted EPS	$	0.51	$	0.48