CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Revenue
Total revenue		$ 261	$ 416	$ 677	$ 898
Costs and expenses
Selling, general and administrative		83	84	179	164
Fees to Manager-related party		4	7	11	15
Depreciation		50	48	101	96
Amortization of intangibles		13	15	27	30
Total operating expenses		243	361	598	720
Operating income		18	55	79	178
Other income (expense)
Interest income		0	1	0	4
Interest expense	[1]	(33)	(46)	(75)	(88)
Other income (expense), net		2	(2)	3	2
Net (loss) income from continuing operations before income taxes		(13)	8	7	96
Benefit (provision) for income taxes		5	(2)	(4)	(26)
Net (loss) income from continuing operations		(8)	6	3	70
Discontinued Operations
Net income from discontinued operations before income taxes	[2]	0	5	0	8
Provision for income taxes	[2]	0	(2)	0	0
Net income from discontinued operations	[2]	0	3	0	8
Net (loss) income		(8)	9	3	78
Net (loss) income from continuing operations		(8)	6	3	70
Net (loss) income from continuing operations attributable to MIC		(8)	6	3	70
Net income from discontinued operations	[2]	0	3	0	8
Less: net loss attributable to noncontrolling interests		0	(2)	0	(3)
Net income from discontinued operations attributable to MIC		0	5	0	11
Net (loss) income attributable to MIC		$ (8)	$ 11	$ 3	$ 81
Basic (loss) income per share from continuing operations attributable to MIC (in dollars per share)		$ (0.09)	$ 0.07	$ 0.04	$ 0.81
Basic income per share from discontinued operations attributable to MIC (in dollars per share)		0	0.06	0	0.13
Basic (loss) income per share attributable to MIC (in dollars per share)		$ (0.09)	$ 0.13	$ 0.04	$ 0.94
Weighted average number of shares outstanding: basic (in shares)		86,871,892	86,073,372	86,779,432	85,973,308
Diluted (loss) income per share from continuing operations attributable to MIC (in dollars per share)		$ (0.09)	$ 0.07	$ 0.04	$ 0.81
Diluted income per share from discontinued operations attributable to MIC (in dollars per share)		0	0.06	0	0.13
Diluted (loss) income per share attributable to MIC (in dollars per share)		$ (0.09)	$ 0.13	$ 0.04	$ 0.94
Weighted average number of shares outstanding: diluted (in shares)		86,871,892	86,099,111	86,838,519	85,998,006
Cash dividends declared per share (in dollars per share)		$ 0	$ 1.00	$ 0	$ 2.00
Service
Revenue
Total revenue		$ 224	$ 355	$ 580	$ 773
Costs and expenses
Cost of services and product sales		75	162	220	330
Product
Revenue
Total revenue		37	61	97	125
Costs and expenses
Cost of services and product sales		$ 18	$ 45	$ 60	$ 85

[1] Interest expense includes non-cash losses on derivative instruments of $1 million and $10 million for the quarter and six months ended June 30, 2020, respectively, compared with non-cash losses of $8 million and $12 million for the quarter and six months ended June 30, 2019, respectively.

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