Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2020

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
Computation of Earnings Per Share	Year Ended December 31, 2020		Year Ended December 31, 2019		Five Months Ended December 31, 2018		Seven Months Ended July 31, 2018
Net income attributable to Successor/Predecessor	$	305	$	274	$	884	$	154
Less: Undistributed earnings attributable to participating stockholders	3		2		8		—
Net income attributable to Successor/Predecessor common stockholders	$	302	$	272	$	876	$	154
Net income per common share attributable to Successor/Predecessor common stockholders:
Basic	$	3.31	$	2.99	$	9.65	$	1.57
Diluted	$	3.20	$	2.95	$	9.54	$	1.55
Weighted average shares of common stock outstanding (in thousands):
Basic	91,312		91,035		90,813		98,046
Dilutive effect of stock awards	2,343		270		178		1,091
Dilutive effect of participating securities	839		839		839		—
Diluted	94,494		92,144		91,830		99,137