v3.20.4
Quarterly Results of Operations (Tables)
12 Months Ended
Dec. 31, 2020
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, 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.