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Earnings (Loss) Per Share (Tables)
6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share
The computations of UAL's basic and diluted earnings (loss) per share are set forth below (in millions, except per share amounts):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2020
 
2019
 
2020
 
2019
Earnings (loss) available to common stockholders
$
(1,627
)
 
$
1,052

 
$
(3,331
)
 
$
1,344

 
 
 
 
 
 
 
 
Basic weighted-average shares outstanding
280.7

 
260.8

 
264.6

 
263.9

Effect of employee stock awards and warrants (a)

 
0.8

 

 
1.0

Diluted weighted-average shares outstanding
280.7

 
261.6

 
264.6

 
264.9

 
 
 
 
 
 
 
 
Earnings (loss) per share, basic
$
(5.79
)
 
$
4.03

 
$
(12.59
)
 
$
5.09

Earnings (loss) per share, diluted
$
(5.79
)
 
$
4.02

 
$
(12.59
)
 
$
5.07


(a) Antidilutive common stock equivalents excluded from the diluted per share calculation are not material.