Net Income (Loss) Per Common Share (Tables)

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

Calculations For Basic And Diluted Earnings Per Share

The table shows calculations for basic and diluted earnings per share:

(In millions, except per share data)	Three months ended June 30,				Six months ended June 30,
	2022		2021		2022		2021
Numerator:
Net income (loss)—basic and diluted	$	(808)	$	703	$	(1,081)	$	1,323
Denominator:
Basic weighted-average common shares outstanding	159.6		161.1		160.0		161.1
Effect of share-based awards:
Stock options	—		1.2		—		1.0
Nonvested shares	—		0.6		—		0.6
Diluted weighted-average shares	159.6		162.9		160.0		162.7
Earnings (loss) per share:
Basic	$	(5.06)	$	4.36	$	(6.76)	$	8.21
Diluted	$	(5.06)	$	4.31	$	(6.76)	$	8.13
Number of anti-dilutive share-based awards	2.0		0.4		2.2		1.0