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Earnings (Loss) Per Share | 3 Months Ended
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Mar. 31, 2020
Earnings Per Share [Abstract] |
EARNINGS (LOSS) PER SHARE | EARNINGS (LOSS) PER SHARE The computations of UAL's basic and diluted earnings (loss) per share are set forth below (in millions, except per share amounts):
| Three Months Ended March 31,
| 2020 |  | 2019
Earnings (loss) available to common stockholders | $ | (1,704 | ) |  | $ | 292 |
Basic weighted-average shares outstanding | 248.5 |  |  | 267.0 |
Effect of employee stock awards | — |  | (a) | 1.3 |
Diluted weighted-average shares outstanding | 248.5 |  |  | 268.3 |
Earnings (loss) per share, basic and diluted | $ | (6.86 | ) |  | $ | 1.09 |
(a) In the three months ended March 31, 2020, approximately 0.9 million employee stock awards have been excluded from the computation of the diluted per share amount as they have an anti-dilutive effect. On April 21, 2020, UAL entered into an underwriting agreement (the "Underwriting Agreement") with Morgan Stanley & Co. LLC and Barclays Capital Inc. (collectively, the "Underwriters"), relating to the issuance and sale by UAL of 39,250,000 shares of its common stock, par value $0.01 per share, at a price to the public of $26.50 per share. Pursuant to the Underwriting Agreement, UAL granted the Underwriters a 30-day option to purchase up to an additional 3,925,000 shares of UAL common stock on the same terms, and such option was exercised in full.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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