XML 13 R41.htm IDEA: XBRL DOCUMENT v3.20.1
Income per Share (Schedule of Reconciliation of the basic and diluted income (loss) per share computations (Details) - USD ($)
$ / shares in Units, $ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Jul. 15, 2019
Numerator:      
Net income from continuing operations attributable to MIC $ 11 $ 64  
Diluted net income from continuing operations attributable to MIC 11 69  
Basic and diluted net income from discontinued operations attributable to MIC $ 0 $ 6  
Denominator:      
Weighted average number of shares outstanding: basic (in shares) 86,686,972 85,872,132  
Dilutive effect of restricted stock unit grants (in shares) 31,095 23,646  
Weighted average number of shares outstanding: diluted (in shares) 86,718,067 93,913,267  
Income per share:      
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  
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  
2.875% Convertible Senior Notes July 2019      
Class of Stock [Line Items]      
Interest rate, stated percentage 2.875%   2.875%
Numerator:      
Interest expense attributable to convertible Senior Notes, net of taxes $ 0 $ 2  
Denominator:      
Dilutive effect of convertible Senior Notes (in shares) 0 4,383,316  
2.00% Convertible Senior Notes due October 2023      
Class of Stock [Line Items]      
Interest rate, stated percentage 2.00%    
Numerator:      
Interest expense attributable to convertible Senior Notes, net of taxes $ 0 $ 3  
Denominator:      
Dilutive effect of convertible Senior Notes (in shares) 0 3,634,173