Loss Per Common Share

3 Months Ended

Mar. 31, 2021

Earnings Per Share [Abstract]

Loss Per Common Share

Loss Per Common Share

The following table sets forth the computation of basic and diluted loss per common share (EPS) (in millions, except share and per share amounts):

	Three Months Ended March 31,
	2021		2020
Basic and diluted EPS:
Net loss	$	(1,250)	$	(2,241)
Weighted average common shares outstanding (in thousands)	634,609		425,713
Basic and diluted EPS	$	(1.97)	$	(5.26)

Securities that could potentially dilute EPS in the future, and which were excluded from the calculation of diluted EPS because inclusion of such shares would be antidilutive, are as follows (in thousands):

	Three Months Ended March 31,
	2021	2020
6.50% convertible senior notes	61,728	—
PSP1 Warrants	4,957	—
Restricted stock unit awards	3,255	4,934
Treasury Loan Warrants	1,545	—
PSP2 Warrants	520	—