Loss per share (Tables)

3 Months Ended

Mar. 31, 2019

Earnings Per Share [Abstract]

Computation of basic and diluted earnings per share

The following table sets forth the computation of basic and diluted loss per share for the three months ended March 31, 2019 and 2018.

(U.S. dollars in millions, except per share amounts)	Three Months Ended March 31
	2019			2018
Numerator:
Basic and diluted:
Net loss attributable to Veoneer	$	(137	)	$	(32	)
Denominator:
Basic: Weighted average number of shares outstanding (in millions)	87.24			87.13
Diluted: Weighted-average number of shares outstanding, assuming dilution (in millions)1	87.24			87.13
Basic loss per share	(1.57)			(0.36)
Diluted loss per share	(1.57)			(0.36)

¹ Shares in the diluted loss per share calculation represent basic shares due to the net loss.

In periods when the Company has a net loss, equity incentive awards are excluded from our calculation of earnings per share as their inclusion would have an antidilutive effect. The Company excluded equity incentive awards of 321,619 for the three months ended March 31, 2019 and zero as of March 31, 2018.