XML 29 R18.htm IDEA: XBRL DOCUMENT v3.22.2.2
Earnings Per Share
9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Earnings Per Share
10. Earnings Per Share

The computations of basic and diluted earnings per share were as follows:

Three Months EndedNine Months Ended
September 30,September 30,
(Dollars in millions, shares in thousands, except per share data)2022
2021(1)
2022
2021(1)
Net income attributable to common shares$63 $72 $151 $97 
Basic weighted-average common shares118,621 114,629 116,508 114,627 
Dilutive effect of stock-based awards444 900 599 900 
Diluted weighted-average common shares119,065 115,529 117,107 115,527 
Basic earnings per share$0.53 $0.63 $1.30 $0.84 
Diluted earnings per share$0.53 $0.62 $1.29 $0.84 
Antidilutive shares excluded from diluted weighted-average common shares2,013 — 1,735 — 
(1) On August 2, 2021, 114,626,250 shares of common stock of the Company were distributed and began regular-way trading. This share amount is utilized for the calculation of basic and diluted earnings per share for three and nine months ended September 30, 2021.