Net Income (Loss) Per Common Share (Tables)

3 Months Ended

Mar. 31, 2023

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 March 31,
	2023		2022
Numerator:
Net income (loss)—basic and diluted	$	225	$	(266)
Denominator:
Basic weighted-average common shares outstanding	157.2		160.4
Effect of share-based awards:
Stock options	0.8		—
Nonvested shares	0.5		—
Diluted weighted-average shares	158.5		160.4
Earnings (loss) per share:
Basic	$	1.43	$	(1.66)
Diluted	$	1.42	$	(1.66)
Number of anti-dilutive share-based awards	1.0		2.3