v3.26.1
EARNINGS PER COMMON SHARE (Tables)
 3 Months Ended
Mar. 31, 2026
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 March 31,
2026
2025
(In millions, except per share amounts, shares in thousands)
Net income (loss) attributable to the period$97 $75 
Less: distributed and undistributed earnings allocated to participating securities(1)
— — 
Net income (loss) attributable to common stockholders$97 $75 
Weighted average common shares outstanding:
Basic weighted average common shares outstanding181,304 120,926 
Effect of dilutive securities:
Potential common shares issuable(2)
115 104 
Diluted weighted average common shares outstanding181,419 121,030 
Net income (loss) per common share, basic$0.54 $0.62 
Net income (loss) per common share, diluted$0.53 $0.62 
(1)Unvested restricted stock units and performance restricted stock units that contain non-forfeitable dividend 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 months ended March 31, 2026, and 2025, there were no other significant potential common shares excluded from the computation of diluted earnings per common share.