v3.26.3
Earnings (Loss) per Share
9 Months Ended
Sep. 30, 2026
Earnings Per Share [Abstract]  
Earnings (Loss) per Share
Note 14. Earnings (Loss) per Share

The computations of basic and diluted earnings per share were as follows:

Three Months Ended September 30, Nine Months Ended September 30,
(Dollars in millions, shares in thousands, except per share amounts)2026202520262025
Net income (loss) attributable to common shares
$64 $59 $93 $(11)
Basic weighted-average common shares113,899 114,473 114,538 116,075 
Effect of dilutive securities:
Restricted stock units
369 584 477 — 
Performance stock units
368 269 380 — 
Stock options
— 3 — — 
Total dilutive potential common shares
737 856 857 — 
Diluted weighted-average common shares
114,636 115,329 115,395 116,075 
Basic earnings (loss) per share
$0.56 $0.52 $0.81 $(0.09)
Diluted earnings (loss) per share
$0.56 $0.51 $0.81 $(0.09)

Potentially dilutive shares outstanding of 718 thousand and 813 thousand for the three months ended September 30, 2026 and 2025, respectively, and 721 thousand and 3.4 million for the nine months ended September 30, 2026 and 2025, respectively, were excluded from the computation of diluted earnings per share because their effects would have been anti-dilutive.