Earnings per Share (EPS) (Tables)

12 Months Ended

Dec. 31, 2021

The following illustrates the earnings allocation method utilized in the calculation of basic and diluted EPS:


	Year Ended December 31,
	2021		2020		2019
	(In millions, except per share data)
EPS numerator:
Income (loss) from continuing operations, net of income taxes	$	347.4	$	(1,859.8)	$	(188.3)

Less: Net income (loss) attributable to noncontrolling interests	11.3		(3.5)		26.2
Income (loss) from continuing operations attributable to common stockholders	336.1		(1,856.3)		(214.5)


Income (loss) from discontinued operations, net of income taxes	24.0		(14.0)		3.2


Net income (loss) attributable to common stockholders	$	360.1	$	(1,870.3)	$	(211.3)

EPS denominator:
Weighted average shares outstanding — basic	111.1		97.7		103.7
Impact of dilutive securities	0.9		—		—
Weighted average shares outstanding — diluted	112.0		97.7		103.7

Basic EPS attributable to common stockholders:
Income (loss) from continuing operations	$	3.03	$	(18.99)	$	(2.07)
Income (loss) from discontinued operations	0.21		(0.15)		0.03
Net income (loss) attributable to common stockholders	$	3.24	$	(19.14)	$	(2.04)

Diluted EPS attributable to common stockholders:
Income (loss) from continuing operations	$	3.00	$	(18.99)	$	(2.07)
Income (loss) from discontinued operations	0.22		(0.15)		0.03
Net income (loss) attributable to common stockholders	$	3.22	$	(19.14)	$	(2.04)