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Quarterly Information (unaudited)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Information (unaudited) Quarterly Information (unaudited)
The following tables present certain unaudited quarterly financial information for fiscal 2019 and 2018. This supplemental quarterly financial information reflects all normal recurring adjustments, in the opinion of management, necessary to fairly state our results of operations for the periods presented when read in conjunction with the accompanying Consolidated Financial Statements and related Notes.
In millions, except per share amounts
March 31
 
June 30
 
September 30
 
December 31
2019
 
 
 
 
 
 
 
Total revenues
$
468

 
$
478

 
$
459

 
$
494

Gross profit
$
224

 
$
236

 
$
247

 
$
248

Operating (loss) income
$
(5
)
 
$
10

 
$
10

 
$
(5
)
Net (loss) income
$
(10
)
 
$
(1
)
 
$
10

 
$
(19
)
Net (loss) income per share:
 
 
 
 
 
 
 
Basic
$
(0.09
)
 
$
(0.01
)
 
$
0.09

 
$
(0.17
)
Diluted
$
(0.09
)
 
$
(0.01
)
 
$
0.09

 
$
(0.17
)
2018
 
 
 
 
 
 
 
Total revenues
$
506

 
$
544

 
$
526

 
$
588

Gross profit
$
223

 
$
250

 
$
264

 
$
289

Operating (loss) income
$
(4
)
 
$
10

 
$
14

 
$
23

Net (loss) income
$
(7
)
 
$
4

 
$
18

 
$
15

Net (loss) income per share:
 
 
 
 
 
 
 
Basic
$
(0.06
)
 
$
0.03

 
$
0.15

 
$
0.13

Diluted
$
(0.06
)
 
$
0.03

 
$
0.15

 
$
0.13