CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Revenue
Total revenue		$ 405	$ 421	$ 1,303	$ 1,324
Costs and expenses
Selling, general and administrative		81	78	245	240
Fees to Manager-related party		8	12	23	36
Goodwill impairment		0	3	0	3
Depreciation		49	49	145	143
Amortization of intangibles		14	20	44	53
Total operating expenses		349	368	1,069	1,137
Operating income		56	53	234	187
Other income (expense)
Interest income		2	0	6	0
Interest expense	[1]	(36)	(28)	(124)	(71)
Other (expense) income, net		0	(21)	2	(15)
Net income from continuing operations before income taxes		22	4	118	101
Provision for income taxes		(7)	(2)	(33)	(32)
Net income (loss)		15	2	85	69
Discontinued Operations
Net income from discontinued operations before income taxes	[2]	78	26	86	41
Provision for income taxes	[2]	(32)	(6)	(32)	(5)
Net income from discontinued operations	[2]	46	20	54	36
Net income		61	22	139	105
Net income (loss)		15	2	85	69
Net income from continuing operations attributable to MIC		15	2	85	69
Net income from discontinued operations	[2]	46	20	54	36
Less: net loss attributable to noncontrolling interests		0	0	(3)	(32)
Net income from discontinued operations attributable to MIC		46	20	57	68
Net income attributable to MIC		$ 61	$ 22	$ 142	$ 137
Basic income per share from continuing operations attributable to MIC (in dollars per share)		$ 0.18	$ 0.02	$ 0.99	$ 0.81
Basic income per share from discontinued operations attributable to MIC (in dollars per share)		0.53	0.23	0.67	0.80
Basic income per share attributable to MIC (in dollars per share)		$ 0.71	$ 0.25	$ 1.66	$ 1.61
Weighted average number of shares outstanding: basic (in shares)		86,276,237	85,378,088	86,075,394	85,095,956
Diluted income per share from continuing operations attributable to MIC (in dollars per share)		$ 0.18	$ 0.02	$ 0.99	$ 0.81
Diluted income per share from discontinued operations attributable to MIC (in dollars per share)		0.53	0.23	0.67	0.80
Diluted income per share attributable to MIC (in dollars per share)		$ 0.71	$ 0.25	$ 1.66	$ 1.61
Weighted average number of shares outstanding: diluted (in shares)		86,303,694	85,398,566	86,101,022	85,109,213
Cash dividends declared per share (in dollars per share)		$ 1.00	$ 1.00	$ 3.00	$ 3.00
Service
Revenue
Total revenue		$ 347	$ 361	$ 1,120	$ 1,140
Costs and expenses
Cost of goods and services sold		154	167	484	534
Product
Revenue
Total revenue		58	60	183	184
Costs and expenses
Cost of goods and services sold		$ 43	$ 39	$ 128	$ 128

[1] Interest expense includes losses on derivative instruments of $2 million and $14 million for the quarter and nine months ended September 30, 2019, respectively. Interest expense includes gains on derivative instruments of $3 million and $17 million for the quarter and nine months ended September 30, 2018, respectively.

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