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Earnings Per Share (“EPS”) (Tables)
12 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings (Loss) Per Share Basic and diluted earnings (loss) per share follows (in millions, except share data):

 

 

 

December 31,

 

 

 

2018

 

 

2017

 

 

2016

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) attributable to the Company

 

$

52

 

 

$

(52

)

 

$

(234

)

   Less: net income attributable to participating securities

 

 

(1

)

 

 

 

 

 

 

Net income (loss) attributable to the Company's stockholders

 

$

51

 

 

$

(52

)

 

$

(234

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average basic common shares outstanding

 

 

108,296,155

 

 

 

107,745,229

 

 

 

107,416,181

 

     Effect of dilutive securities

 

 

341,489

 

 

 

 

 

 

 

Weighted-average diluted common shares outstanding

 

 

108,637,644

 

 

 

107,745,229

 

 

 

107,416,181

 

Earnings (loss) per share attributable to the Company's stockholders:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.47

 

 

$

(0.48

)

 

$

(2.18

)

Diluted

 

$

0.47

 

 

$

(0.48

)

 

$

(2.18

)