Per Share Information

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

Per Share Information

Per Share InformationBasic net income (loss), per common share, excludes dilution and is computed by dividing net income (loss) by the weighted-average number of common shares outstanding during the period. For the three and six months ended June 30, 2022 and 2021, diluted net income (loss), per common share, is computed by dividing net income (loss) by the weighted-average number of common shares outstanding during the period, plus any potential dilutive common share equivalents, including shares issuable upon the vesting of restricted stock units as determined under the treasury stock method.

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Income (loss) from continuing operations for basic and diluted computations	$	421	$	333	$	842	$	455
Income (loss) from discontinued operations, net of tax	—		1		$	—	$	(62)
Net income (loss)	$	421	$	334	$	842	$	393
Weighted-average number of common shares outstanding (in millions):
Basic weighted-average number of common stock outstanding	433		432		433		432
Effect of assumed dilution from potential issuance of common shares relating to restricted stock units	1		2		1		2
Diluted weighted-average number of common shares outstanding	434		434		434		434
Net income (loss), per common share:
Income (loss) from continuing operations, basic	$	0.97	$	0.77	$	1.95	$	1.05
Income (loss) from discontinued operations, basic	—		—		—		(0.14)
Net income (loss)—basic	$	0.97	$	0.77	$	1.95	$	0.91
Income (loss) from continuing operations, diluted	$	0.97	$	0.77	$	1.94	$	1.04
Income (loss) from discontinued operations, diluted	—		—		—		(0.14)
Net income (loss)—diluted	$	0.97	$	0.77	$	1.94	$	0.90
Dividends/distributions declared per share of common stock	$	1.47	$	1.33	$	2.94	$	2.66

During the six months ended June 30, 2022, the Company granted one million restricted stock units to the Company's executives and certain other employees.