
	Three Months Ended March 31,
	2026		2025
	(Dollars in millions, except per share amounts, shares in thousands)
Loss (numerator)
Net loss	$	(200)	(201)
Net loss applicable to common stock for computing basic loss per common share	(200)		(201)
Net loss as adjusted for purposes of computing diluted loss per common share	(200)		(201)
Shares (denominator):
Weighted-average number of shares:
Outstanding during period	1,026,823		1,018,252
Non-vested restricted stock	(27,932)		(26,983)
Weighted average shares outstanding for computing basic loss per common share	998,891		991,269
Incremental common shares attributable to dilutive securities:
Shares issuable under convertible securities	—		—
Shares issuable under incentive compensation plans	—		—
Number of shares as adjusted for purposes of computing diluted loss per common share	998,891		991,269
Basic loss per common share	$	(0.20)	(0.20)
Diluted loss per common share(1)	$	(0.20)	(0.20)

(1)For the three months ended March 31, 2026 and 2025, we excluded from the calculation of diluted loss per share 14 million and 12 million shares, respectively, potentially issuable under incentive compensation plans or convertible securities, as their effect, if included, would have been anti-dilutive due to our net loss position.

Our calculation of diluted loss per common share excludes non-vested restricted stock awards that are anti-dilutive based upon the terms of the award. Such shares were 4.9 million and 13.5 million for the three months ended March 31, 2026 and 2025, respectively.