CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2020	Mar. 31, 2019
Revenue
Total revenue		$ 416	$ 482
Costs and expenses
Selling, general and administrative		96	80
Fees to Manager-related party		7	8
Depreciation		51	48
Amortization of intangibles		14	15
Total operating expenses		355	359
Operating income		61	123
Other income (expense)
Interest income		0	3
Interest expense	[1]	(42)	(42)
Other income, net		1	4
Net income from continuing operations before income taxes		20	88
Provision for income taxes		(9)	(24)
Net income from continuing operations		11	64
Discontinued Operations
Net income from discontinued operations before income taxes	[2]	0	3
Benefit for income taxes	[2]	0	2
Net income from discontinued operations	[2]	0	5
Net income		11	69
Net income from continuing operations		11	64
Net income from continuing operations attributable to MIC		11	64
Net income from discontinued operations	[2]	0	5
Less: net loss attributable to noncontrolling interests		0	(1)
Net income from discontinued operations attributable to MIC		0	6
Net income attributable to MIC		$ 11	$ 70
Basic income per share from continuing operations attributable to MIC (in dollars per share)		$ 0.13	$ 0.75
Basic income per share from discontinued operations attributable to MIC (in dollars per share)		0	0.07
Basic income per share attributable to MIC (in dollars per share)		$ 0.13	$ 0.82
Weighted average number of shares outstanding: basic (in shares)		86,686,972	85,872,132
Diluted income per share from continuing operations attributable to MIC (in dollars per share)		$ 0.13	$ 0.73
Diluted income per share from discontinued operations attributable to MIC (in dollars per share)		0	0.06
Diluted income per share attributable to MIC (in dollars per share)		$ 0.13	$ 0.79
Weighted average number of shares outstanding: diluted (in shares)		86,718,067	93,913,267
Cash dividends declared per share (in dollars per share)		$ 0	$ 1.00
Service
Revenue
Total revenue		$ 356	$ 418
Costs and expenses
Cost of services and product sales		145	168
Product
Revenue
Total revenue		60	64
Costs and expenses
Cost of services and product sales		$ 42	$ 40

[1] Interest expense includes losses on derivative instruments of $9 million and $4 million for the quarters ended March 31, 2020 and 2019, respectively.

[2] See Note 4, “Discontinued Operations and Dispositions”, for discussions on businesses classified as held for sale.