Net Income (Loss) Per Common Share (Tables)

9 Months Ended

Sep. 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 September 30,				Nine months ended September 30,
	2022		2021		2022		2021
Numerator:
Net income (loss)—basic and diluted	$	(418)	$	153	$	(1,499)	$	1,476
Denominator:
Basic weighted-average common shares outstanding	158.0		161.1		159.3		161.1
Effect of share-based awards:
Stock options	—		1.2		—		1.1
Nonvested shares	—		0.6		—		0.6
Diluted weighted-average shares	158.0		162.9		159.3		162.8
Earnings (loss) per share:
Basic	$	(2.64)	$	0.95	$	(9.41)	$	9.16
Diluted	$	(2.64)	$	0.94	$	(9.41)	$	9.07
Number of anti-dilutive share-based awards	2.3		0.4		1.9		0.9