Earnings Per Share

6 Months Ended

Jun. 30, 2019

Earnings per Share

Reconciliation of the numerators and denominators of the earnings per share calculations —



	Three Months Ended June 30,					Six Months Ended June 30,
	2019			2018		2019		2018
Net income attributable to the parent company	$	(68	)	$	124	$	30	$	232
Less: Redeemable noncontrolling interests adjustment to redemption value	—			—		—		—
Net income available to common stockholders - Numerator basic and diluted	$	(68	)	$	124	$	30	$	232

Denominator:
Weighted-average common shares outstanding - Basic	144.0			145.1		143.9		145.3
Employee compensation-related shares, including stock options	—			1.4		0.9		1.7
Weighted-average common shares outstanding - Diluted	144.0			146.5		144.8		147.0

The share count for diluted earnings per share is computed on the basis of the weighted-average number of common shares outstanding plus the effects of dilutive common stock equivalents (CSEs) outstanding during the period. We excluded 0.3 million and 0.1 million CSEs from the calculation of diluted earnings per share for the second quarters of 2019 and 2018 and excluded 0.4 million and 0.1 million of CSEs for the respective year-to-date periods as the effect of including them would have been anti-dilutive. In addition, we excluded CSEs that satisfied the definition of potentially dilutive shares of 0.8 million for the second quarter of 2019 since there was no net income available to common stockholders for this period.