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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 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 - December 31, 2018
 
 
For the Period January 1 - July 31, 2018
 
Year ended December 31, 2017
 
Year ended December 31, 2016
Net income attributable to Successor/Predecessor
$
884

 
 
$
154

 
$
30

 
$
19

Less: Undistributed earnings attributable to participating stockholders
8

 
 

 

 

Net income attributable to common stockholders
$
876

 
 
$
154

 
$
30

 
$
19

 
 
 
 
 
 
 
 
 
Net income per common share attributable to Successor/Predecessor:
 
 
 
 
 
 
 
 
Basic
$
9.65

 
 
$
1.57

 
$
0.31

 
$
0.19

Diluted
$
9.54

 
 
$
1.55

 
$
0.30

 
$
0.19

 
 
 
 
 
 
 
 
 
Weighted average shares of common stock outstanding (in thousands):
 
 
 
 
 
 
 
 
Basic
90,813

 
 
98,046

 
97,696

 
99,765

Dilutive effect of stock awards
178

 
 
1,091

 
1,107

 
880

Dilutive effect of participating securities
839

 
 

 

 

Diluted
91,830

 
 
99,137

 
98,803

 
100,645