EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2021

Schedule of Reconciliation of Income (Numerator) and Shares (Denominator) Used in Computation of Diluted 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,
	2021		2020		2021		2020
Income (Numerator)
Net income (loss)	$	17	$	(3,367)	$	(285)	$	(2,943)
Net income attributable to the redeemable noncontrolling interests	(4)		(19)		(13)		(51)
Net loss (income) attributable to the noncontrolling interests	6		130		(27)		113

Numerator for basic and diluted earnings (loss) per common share available to common shareholders	$	19	$	(3,256)	$	(325)	$	(2,881)

Shares (Denominator)
Basic weighted-average common shares outstanding	75,472		74,810		75,068		81,922
Dilutive effect of stock-settled appreciation rights and outstanding stock options	44		—		—		—
Diluted weighted-average common and common equivalent shares outstanding	75,516		74,810		75,068		81,922

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

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,
	2021	2020	2021	2020
Weighted-average stock-settled appreciation rights and outstanding stock options excluded	1,670	3,456	1,629	3,406