NET LOSS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2023

Schedule of Basic and Diluted Loss Per Share

The following table presents the calculation of basic and diluted loss per share:


(in millions, except share and per share data)	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2023		2022		2023
Net loss	$	(175)	$	(85)	$	(862)	$	(571)
Less: allocation of earnings to participating securities	—		—		—		—
Net loss attributable to common stockholders	$	(175)	$	(85)	$	(862)	$	(571)

Weighted-average common shares outstanding - basic	882,356,575		895,108,790		875,055,571		898,999,464
Dilutive effect of stock options and unvested shares	—		—		—		—
Weighted-average common shares used to compute diluted loss per share	882,356,575		895,108,790		875,055,571		898,999,464

Net loss per share attributable to common stockholders:
Basic	$	(0.20)	$	(0.09)	$	(0.99)	$	(0.64)
Diluted	$	(0.20)	$	(0.09)	$	(0.99)	$	(0.64)

Schedule of Potential Common Shares Excluded from the Calculation of Diluted Net Income (Loss) Per Share

The following potential common shares were excluded from the calculation of diluted net loss per share because their effect would have been anti-dilutive or issuance of such shares is contingent upon the satisfaction of certain conditions which were not satisfied by the end of the period:


	Three Months Ended September 30,		Nine Months Ended September 30,
	2022	2023	2022	2023

Time-Based RSUs	107,457,215	45,066,880	107,457,215	45,066,880
Market-Based RSUs	23,053,048	22,591,988	23,053,048	22,591,988
Stock options	15,905,575	13,668,390	15,905,575	13,668,390

Warrants	14,278,034	14,278,034	14,278,034	14,278,034
ESPP	824,292	838,958	824,292	838,958
Total anti-dilutive securities	161,518,164	96,444,250	161,518,164	96,444,250