Net Loss Per Share

3 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

NET LOSS PER SHARE

NET LOSS PER SHARE

The following table sets forth the computation of basic and diluted net income (loss) per share (in millions except per share amounts). Basic net income (loss) per share is calculated by dividing net income (loss) by the weighted average of shares outstanding during the period. Diluted net income (loss) per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock.

	Three months ended March 31,
	2023		2022
NUMERATOR:
Net loss	$	(159)	$	(278)
Add: Interest expense	—		—
Net loss attributable to common stockholders	(159)		(278)
DENOMINATOR:
Weighted-average shares outstanding, basic and diluted	594		592
NET LOSS PER SHARE:
Basic	$	(0.27)	$	(0.47)
Diluted	$	(0.27)	$	(0.47)
Antidilutive amounts excluded from calculations:
Convertible debt	42		47
Restricted stock units	3		—
Stock warrants	1		—