XML 46 R30.htm IDEA: XBRL DOCUMENT v3.6.0.2
Net Income Per Class A Share (Tables)
12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
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 (in millions, except per share data):

 
Year Ended December 31,
 
2016
 
2015
 
2014
Basic Net Income per Class A Share
 
 
 
 
 
Net income attributable to PAGP
$
94

 
$
118

 
$
70

Basic weighted average Class A shares outstanding
99

 
83

 
54

 
 
 
 
 
 
Basic net income per Class A share
$
0.94

 
$
1.41

 
$
1.28

 
 
 
 
 
 
Diluted Net Income per Class A Share
 
 
 
 
 
Net income attributable to PAGP
$
94

 
$
118

 
$
70

Incremental net income attributable to PAGP resulting from assumed exchange of AAP units and AAP Management Units
—

 
—

 
235

Net income attributable to PAGP including incremental net income from assumed exchange of AAP units and AAP Management Units
$
94

 
$
118

 
$
305

 
 
 
 
 
 
Basic weighted average Class A shares outstanding
99

 
83

 
54

Dilutive shares resulting from assumed exchange of AAP units and AAP Management Units
—

 
—

 
190

Diluted weighted average Class A shares outstanding
99

 
83

 
244

 
 
 
 
 
 
Diluted net income per Class A share
$
0.94

 
$
1.41

 
$
1.25