XML 53 R16.htm IDEA: XBRL DOCUMENT v3.25.0.1
Earnings Per Share (Notes)
 12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Net Income per Share
10.Earnings Per Share
Basic EPS is computed by dividing net income by the weighted average number of common shares outstanding during the period. Diluted EPS is computed by dividing net income by the weighted average number of common shares outstanding during the period, plus the dilutive effect of time-based and performance-based RSUs.
The following table summarizes the net income and the basic and diluted shares used in the earnings per share computations:
Year Ended December 31,
(in millions)
202420232022
Net income$91 $171 $179 
Weighted average common shares outstanding38 38 38 
Incremental shares from assumed time-based and performance-based RSU awards— — 1 
Adjusted weighted average common shares outstanding38 38 39 
An immaterial number of shares of time-based and performance-based RSU awards were excluded from the calculation of diluted earnings per share due to such shares being anti-dilutive during the years ended December 31, 2024 and 2023, respectively.