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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Income Statement [Abstract]        
Revenues [1] $ 2,289 $ 959 $ 4,632 $ 2,267
Costs and Expenses:        
Cost of operations 1,986 774 3,948 1,853
Project related intangibles amortization 30   42  
Total cost of operations 2,016 774 3,990 1,853
Research and development expenses 8 2 13 3
Selling, general and administrative expenses 64 55 188 142
Other intangibles amortization 25   35  
Transaction costs 5   45  
Restructuring and integration costs 31   106  
Other operating expenses (income), net 1   2 (2)
Total expenses 2,150 831 4,379 1,996
Income (loss) from investments in unconsolidated affiliates 3 (3) 2 (9)
Investment in unconsolidated affiliates-related amortization (13)   (13)  
Operating income 129 125 242 262
Other expense:        
Interest expense, net (86) (12) (169) (51)
Other non-operating income (expense), net 1   (13) (2)
Total other expense, net (85) (12) (182) (53)
Income before provision for income taxes 44 113 60 209
Income tax expense (benefit) 44 19 (19) 53
Non-operating loss from investments in unconsolidated affiliates       (2)
Net income   94 79 154
Less: Net (loss) income attributable to noncontrolling interests (2) (1) (5) 1
Net income attributable to McDermott $ 2 $ 95 $ 84 $ 153
Net income per share attributable to McDermott        
Basic $ 0.01 $ 1.00 $ 0.60 $ 1.70
Diluted $ 0.01 $ 1.00 $ 0.60 $ 1.61
Shares used in the computation of net income per share:        
Basic 180 95 140 90
Diluted 181 95 141 95
[1] Intercompany transactions were not significant for the three and nine months ended September 30, 2018 and 2017, respectively.