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Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2019
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
 
Year Ended December 31, 2019
 
Five Months Ended December 31, 2018
 
 
Seven Months Ended July 31, 2018
 
Year Ended December 31, 2017
Net income attributable to Successor/Predecessor
$
274

 
$
884

 
 
$
154

 
$
30

Less: Undistributed earnings attributable to participating stockholders
2

 
8

 
 
—

 
—

Net income attributable to common stockholders
$
272

 
$
876

 
 
$
154

 
$
30

 
 
 
 
 
 
 
 
 
Net income per common share attributable to Successor/Predecessor common stockholders:
 
 
 
 
 
 
 
 
Basic
$
2.99

 
$
9.65

 
 
$
1.57

 
$
0.31

Diluted
$
2.95

 
$
9.54

 
 
$
1.55

 
$
0.30

 
 
 
 
 
 
 
 
 
Weighted average shares of common stock outstanding (in thousands):
 
 
 
 
 
 
 
 
Basic
91,035

 
90,813

 
 
98,046

 
97,696

Dilutive effect of stock awards
270

 
178

 
 
1,091

 
1,107

Dilutive effect of participating securities
839

 
839

 
 
—

 
—

Diluted
92,144

 
91,830

 
 
99,137

 
98,803