v3.24.0.1
Loss Per Share
12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Loss Per Share Loss Per Share
Basic loss per share is calculated by dividing net loss by the weighted average number of shares outstanding. Diluted loss per share is calculated similarly but includes potential dilution from restricted stock units, the crewmember stock purchase plan, convertible notes, warrants issued under various federal payroll support programs, and any other potentially dilutive instruments using the treasury stock and if converted method. Anti-dilutive common stock equivalents excluded from the computation of diluted loss per share amounts were 2.0 million, 1.8 million, and 3.4 million for the years ended December 31, 2023, 2022, and 2021 respectively.
The following table shows how we computed basic and diluted loss per common share for the years ended December 31 (dollars and share data in millions):
202320222021
Net loss$(310)$(362)$(182)
Weighted average basic shares332.9 323.6 318.0 
Effect of dilutive securities— — — 
Weighted average diluted shares332.9 323.6 318.0 
Loss per common share
Basic $(0.93)$(1.12)$(0.57)
Diluted$(0.93)$(1.12)$(0.57)