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Net Income Per Class A Share (Tables)
9 Months Ended
Sep. 30, 2015
Net Income Per Class A Share  
Calculation of basic and diluted net income per Class A share

The following table illustrates the calculation of basic and diluted net income per Class A share for the three and nine months ended September 30, 2015 and 2014 (in millions, except per share data):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

September 30,

 

September 30,

 

 

 

2015

 

2014

 

2015

 

2014

 

Basic and Diluted Net Income per Class A Share

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to PAGP

 

$

32

 

$

16

 

$

93

 

$

45

 

Basic and diluted weighted average Class A shares outstanding

 

 

225

 

 

136

 

 

220

 

 

136

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted net income per Class A share

 

$

0.14

 

$

0.12

 

$

0.42

 

$

0.33