Earnings Per Share

6 Months Ended

Jun. 30, 2026

13. 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,
	2026	2025	2026	2025
Numerator:
Net income (loss) attributable to common shareholders	$89	$(28)	$154	$356

Denominator:
Basic weighted average shares outstanding	524	522	523	521
Effect of dilutive share options	2	—	3	4
Diluted weighted average shares outstanding	526	522	526	525

Basic earnings (loss) per share attributable to common shareholders	$0.17	$(0.05)	$0.29	$0.68

Diluted earnings (loss) per share attributable to common shareholders	$0.17	$(0.05)	$0.29	$0.68

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.

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

the effect would have been antidilutive: