v3.26.1
Earnings Per Share
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Earnings Per Share EARNINGS PER SHARE
The following table sets forth the computation of basic and diluted earnings per share from net income (loss) for the respective periods and basic and diluted shares outstanding:
Three Months Ended
March 31,
(In millions, except per share data)20262025
Basic earnings (loss) per share:
Net income (loss)$45 $(173)
Weighted average number of shares outstanding52.2 51.7 
Basic earnings per share from net income (loss)$0.86 $(3.35)
Diluted earnings (loss) per share:
Net income (loss)$45 $(173)
Weighted average number of shares outstanding52.2 51.7 
Effect of dilutive securities:
Restricted stock (1)
0.2 — 
Total shares and dilutive securities52.4 51.7 
Diluted earnings per share from net income (loss)$0.86 $(3.35)
Restricted stock shares with anti-dilutive effect excluded from the computation of diluted earnings per share(1)
— 0.2