CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Revenue
Total revenue		$ 416	$ 436	$ 898	$ 903
Costs and expenses
Selling, general and administrative		84	82	164	162
Fees to Manager-related party		7	11	15	24
Depreciation		48	47	96	94
Amortization of intangibles		15	17	30	33
Total operating expenses		361	378	720	769
Operating income		55	58	178	134
Other income (expense)
Interest income		1	0	4	0
Interest expense	[1]	(46)	(25)	(88)	(43)
Other (expense) income, net		(2)	6	2	6
Net income from continuing operations before income taxes		8	39	96	97
Provision for income taxes		(2)	(12)	(26)	(30)
Net income from continuing operations		6	27	70	67
Discontinued Operations
Net income from discontinued operations before income taxes	[2]	5	9	8	15
(Provision) benefit for income taxes	[2]	(2)	0	0	1
Net income from discontinued operations	[2]	3	9	8	16
Net income		9	36	78	83
Net income from continuing operations		6	27	70	67
Net income from continuing operations attributable to MIC		6	27	70	67
Net income from discontinued operations	[2]	3	9	8	16
Less: net loss attributable to noncontrolling interests		(2)	(2)	(3)	(32)
Net income from discontinued operations attributable to MIC		5	11	11	48
Net income attributable to MIC		$ 11	$ 38	$ 81	$ 115
Basic income per share from continuing operations attributable to MIC (in dollars per share)		$ 0.07	$ 0.32	$ 0.81	$ 0.79
Basic income per share from discontinued operations attributable to MIC (in dollars per share)		0.06	0.13	0.13	0.57
Basic income per share attributable to MIC (in dollars per share)		$ 0.13	$ 0.45	$ 0.94	$ 1.36
Weighted average number of shares outstanding: basic (in shares)		86,073,372	85,082,209	85,973,308	84,952,551
Diluted income per share from continuing operations attributable to MIC (in dollars per share)		$ 0.07	$ 0.32	$ 0.81	$ 0.79
Diluted income per share from discontinued operations attributable to MIC (in dollars per share)		0.06	0.13	0.13	0.57
Diluted income per share attributable to MIC (in dollars per share)		$ 0.13	$ 0.45	$ 0.94	$ 1.36
Weighted average number of shares outstanding: diluted (in shares)		86,099,111	85,091,945	85,998,006	84,962,138
Cash dividends declared per share (in dollars per share)		$ 1.00	$ 1.00	$ 2.00	$ 2.00
Service
Revenue
Total revenue		$ 355	$ 376	$ 773	$ 779
Costs and expenses
Cost of goods and services sold		162	180	330	367
Product
Revenue
Total revenue		61	60	125	124
Costs and expenses
Cost of goods and services sold		$ 45	$ 41	$ 85	$ 89

[1] Interest expense includes losses on derivative instruments of $8 million and $12 million for the quarter and six months ended June 30, 2019, respectively. Interest expense includes gains on derivative instruments of $4 million and $14 million for the quarter and six months ended June 30, 2018, respectively.

[2] See Note 3, “Discontinued Operations and Dispositions”, for discussions on businesses classified as held for sale.