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Earnings Per Share (Tables)
 3 Months Ended
Mar. 31, 2017
Computation of Earnings Per Share

The computations of UAL’s basic and diluted earnings per share are set forth below (in millions, except per share amounts):

 

     Three Months Ended
March 31,		  
     2017      2016  

Earnings available to common stockholders

     $ 96        $ 313   
  

 

 

     

 

 

  

Basic weighted-average shares outstanding

      313.7         354.3   

Effect of employee stock awards

      0.9         0.3   
  

 

 

     

 

 

  

Diluted weighted-average shares outstanding

      314.6         354.6   
  

 

 

     

 

 

  

Earnings per share, basic

     $ 0.31        $ 0.88   

Earnings per share, diluted

     $ 0.31        $ 0.88