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Net Income (Loss) Per Share (Tables)
6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Computation of basic and diluted net income (loss) per share
The following table sets forth the computation of the Company's basic and diluted net income (loss) per share for the periods presented:
 
Three months ended June 30,
 
Six months ended June 30,
(in millions, except share and per share amounts)
2016
 
2015
 
2016
 
2015
Numerator:
 
 
 
 
 
 
 
Net income (loss) used in computing net income (loss) per share, basic and diluted
$
152

 
$
(26
)
 
$
96

 
$
(138
)
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Shares used in computing net income (loss) per share, basic (a)
899,874,086

 
1,000

 
897,798,717

 
1,000

Effect of dilutive securities
14,554,596

 

 
18,525,909

 

Total dilutive securities
914,428,682

 
1,000

 
916,324,626

 
1,000

 
 
 
 
 
 
 
 
Basic net income (loss) per share
$
0.17

 
$
(26,000
)
 
$
0.11

 
$
(138,000
)
Diluted net income (loss) per share
$
0.17

 
$
(26,000
)
 
$
0.10

 
$
(138,000
)
 
 
 
 
 
 
 
 
Anti-dilutive shares excluded from diluted net income (loss) per share
29,697,196

 

 
28,270,165

 


(a) 2015 net loss per share, basic and diluted is calculated using 1,000 shares outstanding prior to the merger with FDH and the filing of the Company's prospectus in October 2015.