Earnings (Loss) Per Share (Tables)

9 Months Ended

Sep. 30, 2021

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings (Loss) Per Share

Basic and diluted earnings (loss) per share are as follows (in millions, except share data):

	Three Months Ended September 30,					Nine Months Ended September 30,
	2021		2020			2021			2020
Numerator:
Net income (loss) attributable to the Company	$	5	$	(22	)	$	(7	)	$	(383	)
Less: net income attributable to participating securities		—		—			—			—
Net income (loss) attributable to the Company's stockholders	$	5	$	(22	)	$	(7	)	$	(383	)
Denominator:
Weighted average basic common shares outstanding		110,558,831		109,379,627			110,351,625			109,323,228
Effect of dilutive securities		71,857		—			—			—
Weighted average diluted common shares outstanding		110,630,688		109,379,627			110,351,625			109,323,228
Earnings per share attributable to the Company's stockholders:
Basic	$	0.05	$	(0.20	)	$	(0.06	)	$	(3.50	)
Diluted	$	0.05	$	(0.20	)	$	(0.06	)	$	(3.50	)