v3.20.4
Quarterly Results of Operations
12 Months Ended
Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results of Operations

Note 24 – Quarterly Results of Operations (Unaudited)

The following table presents selected quarterly results of operations data for the years ended December 31, 2020 and 2019 (in millions, except per share amounts):

 

 

 

Three Months Ended

 

 

 

March 31

 

 

June 30

 

 

September 30

 

 

December 31

 

2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenues

 

$

5,985

 

 

$

6,036

 

 

$

8,771

 

 

$

10,744

 

Gross profit

 

$

1,234

 

 

$

1,267

 

 

$

2,063

 

 

$

2,066

 

Net income attributable to common

   stockholders

 

$

16

 

 

$

104

 

 

$

331

 

 

$

270

 

Net income per share of common stock

   attributable to common stockholders, basic (1)

 

$

0.02

 

 

$

0.11

 

 

$

0.32

 

 

$

0.28

 

Net income per share of common stock

   attributable to common stockholders, diluted (1)

 

$

0.02

 

 

$

0.10

 

 

$

0.27

 

 

$

0.24

 

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 (1)

 

$

(0.82

)

 

$

(0.46

)

 

$

0.16

 

 

$

0.12

 

Net (loss) income per share of common stock

   attributable to common stockholders, diluted (1)

 

$

(0.82

)

 

$

(0.46

)

 

$

0.16

 

 

$

0.11

 

 

(1)

Prior period results have been adjusted to reflect the Stock Split. See Note 1, Overview, for details.