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Loss per share (Tables)
 6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Schedule of calculation of basic and diluted EPS
The components of the numerator for the calculation of basic and diluted EPS were as follows:
 
 
Successor

 
 
Predecessor

 
Successor



Predecessor

(In $ millions)
 
Three Months Ended June 30, 2019

 
 
Three Months Ended June 30, 2018

 
Six months ended June 30, 2019



Six months ended June 30, 2018

Net loss attributable to shareholder
 
(203
)
 
 
(296
)
 
(498
)
 
 
(477
)
Effect of dilution
 
—

 
 
—

 
—

 
 
—

Diluted net loss available to shareholders
 
(203
)
 
 
(296
)
 
(498
)
 
 
(477
)

The components of the denominator for the calculation of basic and diluted EPS were as follows:
 
 
Successor

 
 
Predecessor

 
Successor

 
 
Predecessor

 (In millions)
 
Three Months Ended June 30, 2019



Three Months Ended June 30, 2018

 
Six months ended June 30, 2019

 
 
Six months ended June 30, 2018

Basic earnings per share:
 
 
 
 
 
 
 
 
 
 
Weighted average number of common shares outstanding
 
100

 
 
504

 
100

 
 
504

Diluted earnings per share:
 
 

 
 
 
 
 
 
 
 
Effect of dilution
 
—

 
 
—

 
—

 
 
—

Weighted average number of common shares outstanding adjusted for the effects of dilution
 
100

 
 
504

 
100

 
 
504


The basic and diluted loss per share were as follows:
 
 
Successor

 
 
Predecessor

 
Successor

 
 
Predecessor

(In $)
 
Three Months Ended June 30, 2019

 
 
Three Months Ended June 30, 2018

 
Six months ended June 30, 2019

 
 
Six months ended June 30, 2018

Basic loss per share
 
(2.03
)
 
 
(0.59
)
 
(4.98
)
 
 
(0.95
)
Diluted loss per share
 
(2.03
)
 
 
(0.59
)
 
(4.98
)
 
 
(0.95
)