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EARNINGS PER SHARE
9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE:
 
The following table reconciles income (numerator) and shares (denominator) used in our computations of basic and diluted earnings per share for the periods presented (in millions, except share amounts which are reflected in thousands):

 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
 
2019
 
2018
 
2019
 
2018
Income (Numerator)
 
 
 
 
 
 
 
Net (loss) income
$
(49
)
 
$
65

 
$
18

 
$
138

Net income attributable to the redeemable noncontrolling interests
(11
)
 

 
(11
)
 

Net income attributable to the noncontrolling interests

 
(1
)
 
(3
)
 
(3
)
Numerator for basic and diluted earnings per common share available to common shareholders
$
(60
)
 
$
64

 
$
4

 
$
135

 
 
 
 
 
 
 
 
Shares (Denominator)
 

 
 

 
 
 
 
Weighted-average common shares outstanding
92,086

 
102,083

 
92,050

 
102,069

Dilutive effect of stock-settled appreciation rights and outstanding stock options
1,349

 
706

 
1,221

 
829

Weighted-average common and common equivalent shares outstanding
93,435

 
102,789

 
93,271

 
102,898



The following table shows the weighted-average stock-settled appreciation rights and outstanding stock options (in thousands) that are excluded from the calculation of diluted earnings per common share as the inclusion of such shares would be anti-dilutive:

 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
 
2019
 
2018
 
2019
 
2018
Weighted-average stock-settled appreciation rights and outstanding stock options excluded

 
1,600

 
317

 
1,233