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Unaudited Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues:        
Total revenues $ 437 $ 436 $ 1,302 $ 1,256
Costs and expenses:        
Selling, general and administrative 89 90 261 237
Depreciation and amortization 74 95 221 274
Impairment loss       14
Reduction of gain on sale leaseback   4   4
Operating income 37 7 86 18
Interest expense, net (25) (36) (127) (133)
Other income, net (2) (91) (6) (98)
Income (loss) before taxes 14 62 (35) (17)
Income tax benefit   (22) (10) (22)
Equity in income from joint ventures, net of tax       (1)
Income (loss) from continuing operations 14 84 (25) 6
Income from operations of discontinued operations, net of tax       32
Gain on disposal of discontinued operations, net of tax   1   305
Income from discontinued operations, net of tax   1   337
Net income (loss) $ 14 $ 85 $ (25) $ 343
Basic net income (loss) per common share:        
Basic income (loss) from continuing operations (in dollars per share) $ 0.19 $ 1.38 $ (0.36) $ 0.10
Basic income from discontinued operations, net of tax (in dollars per share)   0.02   5.56
Basic net income (loss) per common share (in dollars per share) 0.19 1.40 (0.36) 5.66
Diluted net income (loss) per common share:        
Diluted income (loss) from continuing operations (in dollars per share) 0.19 1.32 (0.36) 0.10
Diluted income from discontinued operations, net of tax (in dollars per share)   0.02   5.39
Diluted net income (loss) per common share (in dollars per share) $ 0.19 $ 1.34 $ (0.36) $ 5.49
Product        
Revenues:        
Total revenues $ 166 $ 161 $ 498 $ 425
Costs and expenses:        
Product and service costs, excluding depreciation and amortization 144 145 448 434
Service        
Revenues:        
Total revenues 271 275 804 831
Costs and expenses:        
Product and service costs, excluding depreciation and amortization $ 93 $ 95 $ 286 $ 275