Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Earnings Per Share

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(In millions, except per share data)	2022		2021		2022		2021
Net Income	$	28	$	76	$	63	$	122
Weighted-average common shares outstanding		81.5		85.5		82.0		85.5
Effect of dilutive securities:
RSUs(1)		0.2		0.2		0.1		0.2
Stock options(2)		—		0.2		—		0.2
Weighted-average common shares outstanding - assuming dilution		81.6		85.9		82.1		85.9
Basic earnings per share	$	0.34	$	0.89	$	0.77	$	1.42
Diluted earnings per share	$	0.34	$	0.89	$	0.77	$	1.42

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(1)RSUs of 0.8 million and 0.3 million shares for the three months ended September 30, 2022 and 2021, respectively, and 1.0 million and 0.3 million shares for the nine months ended September 30, 2022 and 2021, respectively, were not included in the diluted earnings per share calculation because their effect would have been anti-dilutive.  

(2)Options to purchase 1.6 million and 0.7 million shares for the three months ended September 30, 2022 and 2021, respectively, and 1.4 million and 0.6 million shares for the nine months ended September 30, 2022 and 2021, respectively, were not included in the diluted earnings per share calculation because their effect would have been anti-dilutive.