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Net Income Attributable to Company Per Share | 9 Months Ended
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Sep. 30, 2023
Earnings Per Share [Abstract] |
Net Income Attributable to Company Per Share | 13. Net Income Attributable to Company Per Share 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, |
| 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Numerator: |  |  |  |  |  |  |  |  |  |  |
Net income attributable to Company | $ | 114 |  |  | $ | 32 |  |  | $ | 395 |  |  | $ | 51 |
Denominator: |  |  |  |  |  |  |  |  |  |  |
Basic—weighted average common shares outstanding |  | 393 |  |  |  | 391 |  |  |  | 393 |  |  |  | 389 |
Dilutive effect of employee stock options and other unvested stock awards |  | 3 |  |  |  | 2 |  |  |  | 3 |  |  |  | 4 |
Diluted outstanding shares |  | 396 |  |  |  | 393 |  |  |  | 396 |  |  |  | 393 |
Net income attributable to Company per share: |  |  |  |  |  |  |  |  |  |  |
Basic | $ | 0.29 |  |  | $ | 0.08 |  |  | $ | 1.01 |  |  | $ | 0.13 |
Diluted | $ | 0.29 |  |  | $ | 0.08 |  |  | $ | 1.00 |  |  | $ | 0.13 |
Cash dividends per share | $ | 0.05 |  |  | $ | 0.05 |  |  | $ | 0.15 |  |  | $ | 0.15 |
Companies with unvested participating securities are required to utilize a two-class method for the computation of net income attributable to Company per share. The two-class method requires a portion of net income attributable to Company to be allocated to participating securities, which are unvested awards of share-based payments with non-forfeitable rights to receive dividends or dividend equivalents if declared. Net income attributable to the Company allocated to these participating securities was immaterial for each of the three and nine months ended September 30, 2023 and 2022, respectively. The Company had stock options outstanding that were anti-dilutive totaling 19 million shares for both the three and nine months ended September 30, 2023, compared to 22 million and 20 million shares for the three and nine months ended September 30, 2022, respectively.

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