Earnings Per Share (EPS)

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

EARNINGS PER SHARE (EPS)

EARNINGS PER SHARE (EPS)

The following table presents the computation of our basic and diluted EPS attributable to our common stock:

	Three Months Ended June 30,				Six Months Ended June 30,
(in millions, except per share data)	2022		2021		2022		2021
Net income	$	85	$	91	$	230	$	192
Weighted average shares of common stock outstanding	62		66		64		66
Basic EPS	$	1.36	$	1.38	$	3.62	$	2.91
Net income	$	85	$	91	$	230	$	192
Weighted average shares of common stock outstanding	62		66		64		66
Dilutive effect of stock options and restricted stock units	1		1		—		1
Weighted average shares of common stock outstanding	63		67		64		67
Diluted EPS	$	1.35	$	1.37	$	3.58	$	2.87
Common stock equivalents excluded from income per diluted share because of their anti-dilutive effect	1		1		1		1