Per Share Information

3 Months Ended

Mar. 31, 2020

Basic net income (loss) attributable to CCIC common stockholders, per common share, excludes dilution and is computed by dividing net income (loss) attributable to CCIC common stockholders by the weighted-average number of common shares outstanding during the period. For the three months ended March 31, 2020 and 2019, diluted net income (loss) attributable to CCIC common stockholders, per common share, is computed by dividing net income (loss) attributable to CCIC common stockholders by the weighted-average number of common shares outstanding during the period, plus any potential dilutive common share equivalents, including shares issuable upon (1) the vesting of restricted stock units as determined under the treasury stock method and (2) conversion of the Company's 6.875% Mandatory Convertible Preferred Stock, as determined under the if-converted method. The table below also gives effect to the Historical Adjustments, as described in note 2.



	Three Months Ended March 31,
	2020			2019
				(As Restated)
Net income (loss) attributable to CCIC stockholders	$	185		$	193
Dividends on preferred stock	(28		)	(28		)
Net income (loss) attributable to CCIC common stockholders for basic and diluted computations	$	157		$	165

Weighted-average number of common shares outstanding (in millions):
Basic weighted-average number of common stock outstanding	416			415
Effect of assumed dilution from potential issuance of common shares relating to restricted stock units	2			2
Diluted weighted-average number of common shares outstanding	418			417

Net income (loss) attributable to CCIC common stockholders, per common share:
Basic	$	0.38		$	0.40
Diluted	$	0.38		$	0.40

Dividends/distributions declared per share of common stock	$	1.20		$	1.125
Dividends/distributions declared per share of preferred stock	$	17.1875		$	17.1875

During the three months ended March 31, 2020, the Company granted one million restricted stock units. For the three months ended March 31, 2020, 15 million common share equivalents related to the 6.875% Mandatory Convertible Preferred Stock were excluded from the dilutive common shares because the impact of such conversion would be anti-dilutive, based on the Company's common stock price as of March 31, 2020.