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Earnings Per Share (Notes)
 6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Net Income per Share
7.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 restricted stock units (“RSUs”).
The following table summarizes the net income and the basic and diluted shares used in the earnings per share computations:
Three Months Ended 
June 30,		Six Months Ended 
June 30,
(in millions)2025202420252024
Net income (loss)
$(5)$18 $46 $97 
Weighted average common shares outstanding38 38 38 38 
Adjusted weighted average common shares outstanding38 38 38 38 
Potentially dilutive securities not included in weighted average shares calculation due to anti-dilutive effect
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