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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share
The following table sets forth the computation of basic and diluted net income per common share (amounts in millions, except per share amounts).
 
Successor
 
 
Predecessor
 
For the Period August 1 - September 30, 2018
 
 
For the Period July 1 - July 31, 2018
 
Three Months Ended September 30, 2017
 
For the Period January 1 - July 31, 2018
 
Nine Months Ended September 30, 2017
Net income (loss) attributable to Successor/Predecessor
$
1,020

 
 
$
(64
)
 
$
7

 
$
154

 
$
(11
)
Less: Undistributed earnings attributable to participating stockholders
9

 
 

 

 

 

Net income (loss) attributable to common stockholders
$
1,011

 
 
$
(64
)
 
$
7

 
$
154

 
$
(11
)
 
 
 
 
 
 
 
 
 
 
 
Net income (loss) per common share attributable to Successor/Predecessor:
 
 
 
 
 
 
 
 
 
 
Basic
$
11.13

 
 
$
(0.65
)
 
$
0.07

 
$
1.57

 
$
(0.11
)
Diluted
$
10.99

 
 
$
(0.65
)
 
$
0.07

 
$
1.55

 
$
(0.11
)
 
 
 
 
 
 
 
 
 
 
 
Weighted average shares of common stock outstanding (in thousands):
 
 
 
 
 
 
 
 
 
 
Basic
90,808

 
 
98,164

 
97,706

 
98,046

 
97,685

Dilutive effect of stock awards
345

 
 

 
988

 
1,091

 

Dilutive effect of participating securities
839

 
 

 

 

 

Diluted
91,992

 
 
98,164

 
98,694

 
99,137

 
97,685