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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Operating Revenues        
Total operating revenues $ 6,609 $ 2,809 $ 19,943 $ 7,066
Operating Costs and Expenses        
Cost of operations (excluding depreciation and amortization shown below) 3,692 2,034 13,496 4,925
Depreciation and amortization 199 99 569 318
Impairment losses 0 29 306 29
Selling, general and administrative costs 318 216 973 592
Provision for credit losses 64 26 715 74
Acquisition-related transaction and integration costs 17 12 81 13
Total operating costs and expenses 4,290 2,416 16,140 5,951
Gain on sale of assets 0 0 17 6
Operating Income 2,319 393 3,820 1,121
Other Income/(Expense)        
Equity in earnings of unconsolidated affiliates 15 36 23 37
Impairment losses on investments 0 0 0 (18)
Other income, net 8 11 42 52
Loss on debt extinguishment, net (57) 0 (57) (1)
Interest expense (122) (99) (374) (292)
Total other expense (156) (52) (366) (222)
Income Before Income Taxes 2,163 341 3,454 899
Income tax expense 545 92 840 216
Net Income $ 1,618 $ 249 $ 2,614 $ 683
Income per Share        
Weighted average number of common shares outstanding — basic (in shares) 245 244 245 246
Income per Weighted Average Common Share — Basic (in usd per share) $ 6.60 $ 1.02 $ 10.67 $ 2.78
Weighted average number of common shares outstanding — diluted (in shares) 245 245 245 247
Income per weighted average common share — diluted (in usd per share) $ 6.60 $ 1.02 $ 10.67 $ 2.77