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Earnings Per Share (EPS)

12 Months Ended

Dec. 31, 2018

Earnings Per Share [Abstract]

EARNINGS PER SHARE

EARNINGS PER SHARE

Basic EPS is computed based on the weighted average shares of common stock outstanding during the period. Diluted EPS is computed based on those shares used in the basic EPS computation, plus potentially dilutive shares issuable under our equity-based compensation plans using the treasury stock method. Shares that are potentially anti-dilutive are excluded.

The following table presents the computation of our basic and diluted EPS attributable to our common stock:

	Year Ended December 31,
(in millions, except per share data)	2018			2017			2016
Net income	$	192		$	178		$	61
Weighted average shares of common stock outstanding	70			69			70
Basic EPS	$	2.72		$	2.57		$	0.88
Net income	$	192		$	178		$	61
Weighted average shares of common stock outstanding	70			69			70
Dilutive effect of stock options and restricted stock units	2			2			2
Weighted average shares of common stock outstanding	72			71			72
Diluted EPS	$	2.65		$	2.49		$	0.85
Common stock equivalents excluded from income per diluted share because of their anti-dilutive effect	1			2			1

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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

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