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Net Income (Loss) Per Share (Tables)
12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Computation of basic and diluted net loss per share
The following table sets forth the computation of the Company's basic and diluted net loss per share:
 
 
Year ended December 31,
(in millions, except share amounts)
 
2016
 
2015
 
2014
Numerator:
 
 
 
 
 
 
Net income (loss) used in computing net income (loss) per share, basic and diluted
 
$
420

 
$
(1,481
)
 
$
(458
)
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
Shares used in computing net income (loss) per share, basic (a)
 
901,671,872

 
192,263,793

 
1,000

Effect of dilutive securities
 
19,329,991

 

 

Total dilutive securities
 
921,001,863

 
192,263,793

 
1,000

 
 
 
 
 
 
 
Basic net income (loss) per share
 
$
0.47

 
$
(7.70
)
 
$
(458,000
)
Diluted net income (loss) per share (b)
 
0.46

 
(7.70
)
 
(458,000
)
 
 
 
 
 
 
 
Anti-dilutive shares excluded from diluted net income (loss) per share
 
20,967,794

 
26,752,706

 


(a)
2015 weighted-average shares calculated using 1,000 shares outstanding prior to the HoldCo Merger and the filing of the Company's prospectus in October 2015 and the Class A and Class B common stock outstanding after these transactions. 2014 weighted-average shares calculated using 1,000 shares outstanding prior to the HoldCo Merger and the filing of the Company's prospectus in October 2015.
(b)
Potentially dilutive securities whose effect would have been antidilutive are excluded from the computation of diluted earnings per share.