Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2018

Computation of Earnings Per Share

The computations of UAL’s basic and diluted earnings per share are set forth below (in millions, except per share amounts):

	Three Months Ended March 31,
	2018		2017
Earnings available to common stockholders	$	147	$	99
Basic weighted-average shares outstanding		283.9		313.7
Effect of employee stock awards		1.0		0.9
Diluted weighted-average shares outstanding		284.9		314.6
Earnings per share, basic and diluted	$	0.52	$	0.32