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Net Income (Loss) Attributable to Company Per Share (Tables)
9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Computation of Weighted Average Basic and Diluted Shares Outstanding

The following table sets forth the computation of weighted average basic and diluted shares outstanding (in millions, except per share data):

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

September 30,

 

 

September 30,

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) attributable to Company

$

32

 

 

$

(69

)

 

$

51

 

 

$

(210

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

Basic—weighted average common shares outstanding

 

391

 

 

 

387

 

 

 

389

 

 

 

386

 

Dilutive effect of employee stock options and other
unvested stock awards

 

2

 

 

 

 

 

 

4

 

 

 

 

Diluted outstanding shares

 

393

 

 

 

387

 

 

 

393

 

 

 

386

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) attributable to Company per share:

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.08

 

 

$

(0.18

)

 

$

0.13

 

 

$

(0.54

)

Diluted

$

0.08

 

 

$

(0.18

)

 

$

0.13

 

 

$

(0.54

)

 

 

 

 

 

 

 

 

 

 

 

 

Cash dividends per share

$

0.05

 

 

$

 

 

$

0.15

 

 

$