Year Ended December 31,

2022

2021

2020

Numerator:

Net income (loss) attributable to NOW Inc.

$

128

$

5

$

(427

)

Less: net income attributable to participating securities

(2

)

—

—

Net income (loss) attributable to NOW Inc. stockholders

$

126

$

5

$

(427

)

Denominator:

Weighted average basic common shares outstanding

110,676,078

110,403,853

109,406,079

Effect of dilutive securities

548,311

91,088

—

Weighted average diluted common shares outstanding

111,224,389

110,494,941

109,406,079

Earnings (loss) per share attributable to NOW Inc. stockholders:

Basic

$

1.14

$

0.05

$

(3.91

)

Diluted

$

1.13

$

0.05

$

(3.91

)