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Supplemental Quarterly Financial Information (Tables)
12 Months Ended
Dec. 31, 2017
Selected Quarterly Financial Information [Abstract]  
Supplemental Quarterly Financial Information



2017

(US$ millions, except per share amounts)

 

Q4

 

Q3

 

Q2

 

Q1 (1)



 

 

 

 

 

 

 

 

Revenues

$

1,210 

$

861 

$

1,083 

$

1,289 

Impairments

 

 -

 

 -

 

 -

 

 -

Operating Income (Loss)

 

262 

 

(4)

 

321 

 

489 

Gains (Loss) on Divestitures, net

 

(1)

 

406 

 

 -

 

(1)

Net Earnings (Loss) Before Income Tax

$

147 

$

522 

$

327 

$

434 

Income Tax Expense (Recovery)

 

376 

 

228 

 

(4)

 

3 

Net Earnings (Loss)

$

(229)

$

294 

$

331 

$

431 



 

 

 

 

 

 

 

 

Net Earnings (Loss) per Common Share - Basic & Diluted

$

(0.24)

$

0.30 

$

0.34 

$

0.44 

(1) Corporate interest income of $8 million previously reported in revenues and operating income (loss) in Q1 2017 has been reclassified to other (gains) losses, net.







 

 

 

 

 

 

 

 



2016

(US$ millions, except per share amounts)

 

Q4

 

Q3

 

Q2

 

Q1



 

 

 

 

 

 

 

 

Revenues

$

822 

$

979 

$

364 

$

753 

Impairments

 

 -

 

 -

 

484 

 

912 

Operating Income (Loss)

 

(54)

 

128 

 

(912)

 

(1,043)

Gains (Loss) on Divestitures, net

 

(3)

 

395 

 

(2)

 

 -

Net Earnings (Loss) Before Income Tax

$

(251)

$

379 

$

(1,068)

$

(680)

Income Tax Expense (Recovery)

 

30 

 

62 

 

(467)

 

(301)

Net Earnings (Loss)

$

(281)

$

317 

$

(601)

$

(379)



 

 

 

 

 

 

 

 

Net Earnings (Loss) per Common Share - Basic & Diluted

$

(0.29)

$

0.37 

$

(0.71)

$

(0.45)