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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenue        
Revenue $ 8,510 $ 6,609 $ 23,688 $ 19,943
Operating Costs and Expenses        
Cost of operations (excluding depreciation and amortization shown below) 7,802 3,692 18,619 13,496
Depreciation and amortization 145 199 485 569
Impairment losses 43 0 198 306
Selling, general and administrative costs 326 318 973 973
Provision for credit losses 52 64 103 715
Acquisition-related transaction and integration costs 8 17 26 81
Total operating costs and expenses 8,376 4,290 20,404 16,140
Gain on sale of assets 22 0 51 17
Operating Income 156 2,319 3,335 3,820
Other Income/(Expense)        
Equity in earnings of unconsolidated affiliates 11 15 0 23
Other income, net 21 8 33 42
Loss on debt extinguishment 0 (57) 0 (57)
Interest expense (105) (122) (313) (374)
Total other expense (73) (156) (280) (366)
Income Before Income Taxes 83 2,163 3,055 3,454
Income tax expense 16 545 739 840
Net Income $ 67 $ 1,618 $ 2,316 $ 2,614
Income per Share        
Weighted average number of common shares outstanding — basic (in shares) 235,000 245,000 238,000 245,000
Weighted average number of common shares outstanding — diluted (in shares) 235,000 245,000 238,000 245,000
Income/(loss) per Weighted Average Common Share — Basic (in usd per share) $ 0.29 $ 6.60 $ 9.73 $ 10.67
Income/(loss) per Weighted Average Common Share — Diluted (in usd per share) $ 0.29 $ 6.60 $ 9.73 $ 10.67