v3.22.2.2
Earnings Per Share (Tables)
 9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Numerators and Denominators Used to Calculate Basic EPS and Diluted EPS

The following table reconciles the numerators and denominators used to calculate basic EPS and diluted EPS (in millions, except per share data):

 

 

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Net income

 

$

139

 

 

$

94

 

 

$

390

 

 

$

324

 

Weighted average shares of common stock outstanding

 

 

95

 

 

 

106

 

 

 

97

 

 

 

109

 

Dilutive effect of stock-based awards

 

 

1

 

 

 

—

 

 

 

—

 

 

 

—

 

Diluted weighted average shares of common stock outstanding

 

 

96

 

 

 

106

 

 

 

97

 

 

 

109

 

Basic earnings per share attributable to common stockholders

 

$

1.46

 

 

$

0.89

 

 

$

4.02

 

 

$

2.97

 

Diluted earnings per share attributable to common stockholders

 

$

1.45

 

 

$

0.89

 

 

$

4.02

 

 

$

2.97