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Earnings Per Share (Tables)
 9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share
The following table sets forth the computation of basic and diluted net (loss) income per common share (amounts in millions, except per share amounts).
 
Successor
 
 
Predecessor
 
Three Months Ended September 30, 2019
 
Nine Months Ended September 30, 2019
 
Two Months Ended September 30, 2018
 
 
One Month Ended July 31, 2018
 
Seven Months Ended July 31, 2018
Net income (loss) attributable to Successor/Predecessor
$
84

 
$
(189
)
 
$
1,020

 
 
$
(64
)
 
$
154

Less: Undistributed earnings attributable to participating stockholders
1

 
—
 
9

 
 
—

 
—

Net income (loss) attributable to common stockholders
$
83

 
$
(189
)
 
$
1,011

 
 
$
(64
)
 
$
154

 
 
 
 
 
 
 
 
 
 
 
Net income (loss) per common share attributable to Successor/Predecessor:
 
 
 
 
 
 
 
 
 
 
Basic
$
0.91

 
$
(2.08
)
 
$
11.13

 
 
$
(0.65
)
 
$
1.57

Diluted
$
0.90

 
$
(2.08
)
 
$
10.99

 
 
$
(0.65
)
 
$
1.55

 
 
 
 
 
 
 
 
 
 
 
Weighted average shares of common stock outstanding (in thousands):
 
 
 
 
 
 
 
 
 
 
Basic
91,080

 
91,012

 
90,808

 
 
98,164

 
98,046

Dilutive effect of stock awards
117

 
—

 
345

 
 
—

 
1,091

Dilutive effect of participating securities
839

 
—

 
839

 
 
—

 
—

Diluted
92,036

 
91,012

 
91,992

 
 
98,164

 
99,137