v3.26.1
Loss per share (Tables)
 3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Schedule of calculation of basic and diluted EPS
The components of the numerator for the calculation of basic and diluted LPS were as follows:
Three months ended March 31,
(In $ millions)20262025
Net loss available to stockholders(7)(14)
Effect of dilution (interest on unsecured senior convertible bond)1 1 
Diluted loss available to stockholders(6)(13)
The components of the denominator for the calculation of basic and diluted LPS were as follows:
Three months ended March 31,
 (In millions)20262025
Basic loss per share:
Weighted average number of common shares outstanding62 62 
Diluted loss per share:
Effect of dilution3 3 
Weighted average number of common shares outstanding adjusted for the effects of dilution65 65 
The basic and diluted LPS were as follows:
Three months ended March 31,
(In $)20262025
Basic loss per share(0.11)(0.23)
Diluted loss per share (1)
(0.11)(0.23)
(1) For the three months ended March 31, 2026 and March 31, 2025, the effect of including all potentially dilutive instruments in the calculation resulted in decreased loss per share, which is anti-dilutive. As a result, the basic and diluted loss per share are equal.