Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2021

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The calculation of basic and diluted earnings per common share for the three and nine months ended September 30, 2021 and 2020 was as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
($ in millions and shares in thousands, except per share amounts)	2021		2020		2021		2020
Net income attributable to Organon:
Income from continuing operations	$	323	$	560	$	1,149	$	1,880
Income from discontinued operations	—		(13)		—		(88)
Net income attributable to Organon	$	323	$	547	$	1,149	$	1,792
Basic weighted average number of shares outstanding	253,534		253,516		253,530		253,516
Stock awards and equity units (share equivalent)	638		—		481		—
Diluted weighted average common shares outstanding	254,172		253,516		254,011		253,516
Earnings (Loss) Per Share Attributable to Organon common stockholders - Basic
Income from continuing operations	$	1.27	$	2.21	$	4.53	$	7.42
Loss from discontinued operations	—		(0.05)		—		(0.35)
Basic earnings per common share attributable to Organon common stockholders	$	1.27	$	2.16	$	4.53	$	7.07
Earnings (Loss) Per Share Attributable to Organon common stockholders - Diluted
Income from continuing operations	1.27		2.21		4.52		7.42
Loss from discontinued operations	—		(0.05)		—		(0.35)
Diluted earnings per common share attributable to Organon common stockholders	$	1.27	$	2.16	$	4.52	$	7.07