v3.25.4
Earnings (Loss) Per Share
12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share Earnings (Loss) Per Share
Basic earnings per share (“EPS”) is computed by dividing net income by the weighted-average number of common shares outstanding for the period. Diluted EPS is computed on the basis of the weighted-average number of shares of common stock plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. Dilutive potential common shares include unvested stock-based compensation awards.
The computations of basic and diluted earnings per share were as follows:
Years Ended December 31,
(In millions, except per share data)202520242023
Net income from continuing operations$316 $387 $192 
Net loss from discontinued operations— — (3)
Net income$316 $387 $189 
Basic weighted-average common shares118 116 116 
Dilutive effect of stock-based awards
Diluted weighted-average common shares119 120 118 
Basic earnings from continuing operations per share$2.69 $3.33 $1.66 
Basic loss from discontinued operations per share— — (0.02)
Basic earnings per share$2.69 $3.33 $1.64 
Diluted earnings from continuing operations per share$2.64 $3.23 $1.62 
Diluted loss from discontinued operations per share— — (0.02)
Diluted earnings per share$2.64 $3.23 $1.60