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Earnings (Loss) Per Share ("EPS") (Tables)
12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Computation of Basic and Diluted EPS

Basic and diluted EPS are as follows (in millions, except share data):

 

Year Ended December 31,

 

 

2020

 

 

2019

 

 

2018

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) attributable to the Company

$

(427

)

 

$

(97

)

 

$

52

 

Less: net income attributable to participating securities

 

 

 

 

 

 

 

(1

)

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

$

(427

)

 

$

(97

)

 

$

51

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

Weighted average basic common shares outstanding

 

109,406,079

 

 

 

108,779,891

 

 

 

108,296,155

 

Effect of dilutive securities

 

 

 

 

 

 

 

341,489

 

Weighted average diluted common shares outstanding

 

109,406,079

 

 

 

108,779,891

 

 

 

108,637,644

 

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

 

 

 

 

 

 

 

 

 

 

 

Basic

$

(3.91

)

 

$

(0.89

)

 

$

0.47

 

Diluted

$

(3.91

)

 

$

(0.89

)

 

$

0.47