v3.25.3
EARNINGS PER COMMON SHARE (Tables)
 9 Months Ended
Sep. 30, 2025
Equity [Abstract]  
Schedule of Basic and Diluted Earning Per Common Shares
A reconciliation of the components of basic and diluted earnings per common share is presented in the table below:

Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
(In millions, except per share amounts, shares in thousands)
Net income (loss) attributable to the period$(77)$49 $35 $149 
Less: distributed and undistributed earnings allocated to participating securities(1)
1 — 1 — 
Net income (loss) attributable to common stockholders$(78)$49 $34 $149 
Weighted average common shares outstanding:
Basic weighted average common shares outstanding148,882 93,695 133,741 90,895 
Effect of dilutive securities:
Potential common shares issuable(2)
49 52 127 94 
Diluted weighted average common shares outstanding148,931 93,747 133,868 90,989 
Net income (loss) per common share, basic$(0.52)$0.52 $0.25 $1.64 
Net income (loss) per common share, diluted$(0.52)$0.52 $0.25 $1.64 
(1)    Unvested restricted stock units and performance restricted stock units that contain non-forfeitable distribution equivalent rights are considered participating securities and are therefore included in the earnings per share calculation pursuant to the two-class method.
(2)    For the three and nine months ended September 30, 2025, and 2024, there were no other significant potential common shares excluded from the computation of diluted earnings per common share.