v3.19.3.a.u2
Quarterly Results of Operations (Tables)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Selected Quarterly Results of Operations

The following table presents selected quarterly results of operations data for the years ended December 31, 2019 and 2018 (in millions, except per share amounts):

 

 

 

Three Months Ended

 

 

 

March 31

 

 

June 30

 

 

September 30

 

 

December 31

 

2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenues

 

$

4,541

 

 

$

6,350

 

 

$

6,303

 

 

$

7,384

 

Gross profit

 

$

566

 

 

$

921

 

 

$

1,191

 

 

$

1,391

 

Net (loss) income attributable to common

   stockholders

 

$

(702

)

 

$

(408

)

 

$

143

 

 

$

105

 

Net (loss) income per share of common stock

   attributable to common stockholders, basic

 

$

(4.10

)

 

$

(2.31

)

 

$

0.80

 

 

$

0.58

 

Net (loss) income per share of common stock

   attributable to common stockholders, diluted

 

$

(4.10

)

 

$

(2.31

)

 

$

0.78

 

 

$

0.56

 

2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenues

 

$

3,409

 

 

$

4,002

 

 

$

6,824

 

 

$

7,226

 

Gross profit

 

$

456

 

 

$

619

 

 

$

1,524

 

 

$

1,443

 

Net (loss) income attributable to common

   stockholders

 

$

(709

)

 

$

(718

)

 

$

311

 

 

$

140

 

Net (loss) income per share of common stock

   attributable to common stockholders, basic

 

$

(4.19

)

 

$

(4.22

)

 

$

1.82

 

 

$

0.81

 

Net (loss) income per share of common stock

   attributable to common stockholders, diluted

 

$

(4.19

)

 

$

(4.22

)

 

$

1.75

 

 

$

0.78