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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Operating Revenues        
Total operating revenues $ 2,996 $ 2,960 $ 7,626 $ 7,486
Operating Costs and Expenses        
Cost of operations 2,153 2,238 5,649 5,512
Depreciation and amortization 91 99 261 331
Impairment losses 0 0 1 74
Selling, general and administrative 210 211 615 587
Reorganization costs 1 27 16 70
Development costs 1 1 5 9
Total operating costs and expenses 2,456 2,576 6,547 6,583
Gain on sale of assets 0 14 2 30
Operating Income/(Loss) 540 398 1,081 933
Other Income/(Expense)        
Equity in earnings of unconsolidated affiliates 29 20 8 26
Impairment losses on investments 107 1 107 16
Other income, net 17 19 49 12
Loss on debt extinguishment, net 0 (19) (47) (22)
Interest expense (99) (122) (318) (361)
Total other income/(expense) (160) (103) (415) (361)
Income from Continuing Operations Before Income Taxes 380 295 666 572
Income tax expense 6 8 9 19
Income from Continuing Operations 374 287 657 553
Income/(loss) from discontinued operations, net of income tax (2) (336) 399 (272)
Net Income/(Loss) 372 (49) 1,056 281
Less: Net income attributable to noncontrolling interest and redeemable interests 0 23 1 1
Net income/(loss) attributable to NRG Energy, Inc. $ 372 $ (72) $ 1,055 $ 280
Earnings per Share Attributable to NRG Energy, Inc.        
Weighted average number of common shares outstanding — basic (in shares) 254 299 266 309
Income from continuing operations per weighted average common share — basic (in usd per share) $ 1.47 $ 0.88 $ 2.47 $ 1.79
(Loss)/income from discontinued operations per weighted average common share — basic (in usd per share) (0.01) (1.12) 1.50 (0.88)
Earnings/Loss per Weighted Average Common Share — Basic (in usd per share) $ 1.46 $ (0.24) $ 3.97 $ 0.91
Weighted average number of common shares outstanding — diluted (in shares) 256 299 268 313
Income from continuing operations per weighted average common share — diluted (in usd per share) $ 1.46 $ 0.88 $ 2.45 $ 1.76
(Loss)/income from discontinued operations per weighted average common share — diluted (in usd per share) (0.01) (1.12) 1.49 (0.87)
Earnings/(Loss) per Weighted Average Common Share — Diluted (in usd per share) $ 1.45 $ (0.24) $ 3.94 $ 0.89