Earnings Per Share

6 Months Ended

Jun. 30, 2025

15. Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share:


	Three months ended June 30,		Six months ended June 30,
	2025	2024	2025	2024
Numerator:
Net (loss) income attributable to common shareholders	$(28)	$132	$356	$323

Denominator:
Basic weighted average shares outstanding	522	259	521	259
Effect of dilutive share options	—	1	4	1
Diluted weighted average shares outstanding	522	260	525	260

Basic (loss) earnings per share attributable to common shareholders	$(0.05)	$0.51	$0.68	$1.25

Diluted (loss) earnings per share attributable to common shareholders	$(0.05)	$0.51	$0.68	$1.24

Diluted earnings per share is calculated by adjusting the weighted average number of ordinary shares outstanding to assume

conversion of all dilutive potential ordinary shares. These comprise restricted stock units, performance stock units and performance

shares issued under the Company’s long-term incentive plans.

15. Earnings Per Share - continued

The following weighted average share-based compensation awards were not included in computing diluted earnings per share because

the effect would have been antidilutive: