Earnings (Loss) Per Share

3 Months Ended

Mar. 31, 2022

4. EARNINGS (LOSS) PER SHARE

The following is a reconciliation of the numerator and denominator of the basic and diluted EPS computation for earnings (loss) per share:


	Three Months Ended March 31,
(In millions, except per share amounts)		2022		2021
Numerator:





Net income (loss) available to common shareholders		$	(2)	$	(16)

Denominator:
Basic
Weighted-average common shares outstanding		138		136
Diluted
Effect of dilutive shares		—		—
Weighted-average common shares outstanding		138		136

Earnings (loss) per share:
Basic		$	(0.02)	$	(0.11)
Diluted		$	(0.02)	$	(0.11)

Potentially dilutive securities (a)		5		6

(a) Potentially dilutive securities include stock options, RSUs, RSAs, and PSUs which are excluded from the computation of diluted earnings per share because the securities would have had an antidilutive effect