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Earnings (Loss) Per Share (Tables) | 12 Months Ended
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Dec. 31, 2022
Earnings per share [abstract] |
Schedule of earnings (loss) per share | Details of the calculation of the net income (loss) and the weighted average number of shares used in the earnings per share computations are as follows:
For the years ended December 31, |  |  |  |  |  |  | 2022 |  | 2021
Common shareholders' net income (loss) for basic earnings per share |  |  |  |  |  |  | $ | 3,060 |  |  | $ | 3,934 |
Add: Increase in income due to convertible instruments(1) |  |  |  |  |  |  | 10 |  |  | 10 |
Common shareholders’ net income (loss) on a diluted basis |  |  |  |  |  |  | $ | 3,070 |  |  | $ | 3,944 |
Weighted average number of common shares outstanding for basic earnings per share (in millions) |  |  |  |  |  | 586 |  |  | 586 |
Add: Dilutive impact of stock options(2) (in millions) |  |  |  |  |  |  | — |  |  | — |
Dilutive impact of convertible instruments(1) (in millions) |  |  |  |  |  |  | 3 |  |  | 4 |
Weighted average number of common shares outstanding on a diluted basis (in millions) |  |  |  |  |  | 589 |  |  | 590 |
Basic earnings (loss) per share |  |  |  |  |  |  | $ | 5.22 |  |  | $ | 6.72 |
Diluted earnings (loss) per share |  |  |  |  |  |  | $ | 5.21 |  |  | $ | 6.69 |
(1) The convertible instruments are the SLEECS B issued by SLCT I. (2) Excludes the impact of 1 million stock options for the year ended December 31, 2022 (December 31, 2021 — 1 million) because these stock options were anti-dilutive for the year.

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