XML 14 R2.htm IDEA: XBRL DOCUMENT v3.22.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenue        
Revenue $ 7,282 $ 5,243 $ 15,178 $ 13,334
Operating Costs and Expenses        
Cost of operations (excluding depreciation and amortization shown below) 5,887 2,948 10,817 9,805
Depreciation and amortization 157 53 340 370
Impairment losses 155 306 155 306
Selling, general and administrative costs 325 317 647 654
Provision for credit losses 26 40 51 651
Acquisition-related transaction and integration costs 10 22 18 64
Total operating costs and expenses 6,560 3,686 12,028 11,850
Gain on sale of assets 32 0 29 17
Operating Income 754 1,557 3,179 1,501
Other Income/(Expense)        
Equity in earnings/(losses) of unconsolidated affiliates 4 14 (11) 8
Other income, net 12 12 12 34
Interest expense (105) (125) (208) (252)
Total other expense (89) (99) (207) (210)
Income Before Income Taxes 665 1,458 2,972 1,291
Income tax expense 152 380 723 295
Net Income $ 513 $ 1,078 $ 2,249 $ 996
Income per Share        
Weighted average number of common shares outstanding — basic (in shares) 237,000 245,000 240,000 245,000
Weighted average number of common shares outstanding — diluted (in shares) 237,000 245,000 240,000 245,000
Income/(loss) per Weighted Average Common Share — Basic (in usd per share) $ 2.16 $ 4.40 $ 9.37 $ 4.07
Income/(loss) per Weighted Average Common Share — Diluted (in usd per share) $ 2.16 $ 4.40 $ 9.37 $ 4.07