Annual report pursuant to Section 13 and 15(d)

Summarized Quarterly Financial Data (unaudited)

v3.8.0.1
Summarized Quarterly Financial Data (unaudited)
 12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Summarized Quarterly Financial Data (unaudited)
Summarized Quarterly Financial Data—(in millions, except per share amounts)
 
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Year ended December 31, 2017:
 
 
 
 
 
 
 
 
Revenues
 
$
1,211

 
$
1,241

 
$
1,403

 
$
1,746

Income from operations
 
376

 
274

 
297

 
441

Net income
 
172

 
21

 
90

 
280

Net income (loss) attributable to common stockholders
 
54

 
(285
)
 
(289
)
 
127

Net income (loss) per share attributable to common stockholders—basic and diluted (1)
 
0.23

 
(1.23
)
 
(1.24
)
 
0.54

 
 
 
 
 
 
 
 
 
Year ended December 31, 2016:
 
 

 
 

 
 

 
 

Revenues
 
$
69

 
$
177

 
$
465

 
$
572

Income (loss) from operations
 
(91
)
 
(76
)
 
15

 
122

Net income (loss)
 
(349
)
 
(335
)
 
(131
)
 
150

Net income (loss) attributable to common stockholders
 
(321
)
 
(298
)
 
(101
)
 
110

Net income (loss) per share attributable to common stockholders—basic and diluted (1)
 
(1.41
)
 
(1.31
)
 
(0.44
)
 
0.48

 
 
 
 
 
(1)
The sum of the quarterly net income (loss) per share—basic and diluted may not equal the full year amount as the computations of the weighted average common shares outstanding for basic and diluted shares outstanding for each quarter and the full year are performed independently.