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EARNINGS PER SHARE
9 Months Ended
Sep. 30, 2020
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE:
 
The following table reconciles income (numerator) and shares (denominator) used in our computations of basic and diluted earnings per share for the periods presented (in millions, except share amounts which are reflected in thousands):

 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
 
2020
 
2019
 
2020
 
2019
Income (Numerator)
 
 
 
 
 
 
 
Net (loss) income
$
(3,367
)
 
$
(49
)
 
$
(2,943
)
 
$
18

Net income attributable to the redeemable noncontrolling interests
(19
)
 
(11
)
 
(51
)
 
(11
)
Net loss (income) attributable to the noncontrolling interests
130

 

 
113

 
(3
)
Numerator for basic and diluted earnings per common share available to common shareholders
$
(3,256
)
 
$
(60
)
 
$
(2,881
)
 
$
4

 
 
 
 
 
 
 
 
Shares (Denominator)
 

 
 

 
 
 
 
Basic weighted-average common shares outstanding
74,810

 
92,086

 
81,922

 
92,050

Dilutive effect of stock-settled appreciation rights and outstanding stock options

 

 

 
1,221

Diluted weighted-average common and common equivalent shares outstanding
74,810

 
92,086

 
81,922

 
93,271



The following table shows the weighted-average stock-settled appreciation rights and outstanding stock options (in thousands) that are excluded from the calculation of diluted earnings per common share as the inclusion of such shares would be anti-dilutive:

 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
 
2020
 
2019
 
2020
 
2019
Weighted-average stock-settled appreciation rights and outstanding stock options excluded
3,456

 
1,349

 
3,406

 
317