Per Share Information

9 Months Ended

Sep. 30, 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 and nine months ended September 30, 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 previously outstanding 6.875% Mandatory Convertible Preferred Stock, as applicable, as determined under the if-converted method. The table below also gives effect to the Historical Adjustments, as described in note 2. See also note 10 for a discussion of the July and August 2020 conversions of the previously outstanding shares of 6.875% Mandatory Convertible Preferred Stock to shares of common stock.



	Three Months Ended September 30,					Nine Months Ended September 30,
	2020		2019			2020			2019
			(As Restated)						(As Restated)
Net income (loss) attributable to CCIC stockholders	$	163	$	242		$	548		$	652
Dividends on preferred stock	—		(28		)	(57		)	(85		)
Net income (loss) attributable to CCIC common stockholders for basic and diluted computations	$	163	$	214		$	491		$	567

Weighted-average number of common shares outstanding (in millions):
Basic weighted-average number of common stock outstanding	427		416			420			416
Effect of assumed dilution from potential issuance of common shares relating to restricted stock units	2		2			2			2
Diluted weighted-average number of common shares outstanding	429		418			422			418

Net income (loss) attributable to CCIC common stockholders, per common share:
Basic	$	0.38	$	0.51		$	1.17		$	1.36
Diluted	$	0.38	$	0.51		$	1.17		$	1.36

Dividends/distributions declared per share of common stock	$	1.20	$	1.125		$	3.60		$	3.375
Dividends/distributions declared per share of preferred stock	$	—	$	17.1875		$	34.3750		$	51.5625

During the nine months ended September 30, 2020, the Company granted one million restricted stock units to the Company's executives and certain other employees pursuant to its 2013 Long-Term Incentive Plan.