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Quarterly Financial Information - Summary of Selected Unaudited Financial Information (Detail) - USD ($)
$ / shares in Units, $ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
[1]
Mar. 31, 2016
[1]
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
[1]
Mar. 31, 2015
[1]
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Year ended December 31, 2016                      
Revenue $ 316 $ 421 $ 391 $ 352 $ 309 $ 415 $ 405 $ 363 $ 1,480 $ 1,492 $ 1,246
Operating income (loss) 10 66 47 42 (25) [2] 88 [2] 79 [2] 90 [2] 166 232 340
Net income $ 1 $ 55 $ 34 $ 29 $ 3 $ 74 $ 58 $ 63 $ 120 $ 198 $ 226
Basic earnings per share $ 0.01 [3] $ 0.38 [3] $ 0.23 [3] $ 0.20 [3] $ 0.02 [3] $ 0.51 [3] $ 0.40 [3] $ 0.44 [3] $ 0.83 $ 1.38 $ 1.58
Diluted earnings per share $ 0.01 [3] $ 0.37 [3] $ 0.23 [3] $ 0.20 [3] $ 0.02 [3] $ 0.51 [3] $ 0.40 [3] $ 0.43 [3] $ 0.82 $ 1.36 $ 1.55
[1] In the third quarter of 2016, the Company early adopted ASU 2016-09, Compensation – Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting. Refer to “Note 2 – Significant Accounting Policies” for the impact of the adoption of this guidance on the first and second quarters of 2016.
[2] During the fourth quarter of 2015, we recognized an incremental $59 million charge over the third quarter of 2015, related to a non-cash charitable contribution recorded to general and administrative expense on our consolidated statement of operations. Refer to “Note 17 – Segments and Geographic Information” for a discussion of this charitable contribution.
[3] Earnings per share is computed independently for each of the quarters presented. Therefore, the sum of the quarterly earnings per share may not equal the total computed for the year.