Cash Dividends

6 Months Ended

Jun. 30, 2022

Dividends [Abstract]

Cash Dividends

13.Cash Dividends

Cash dividends were $19 million and $39 million for the three and six months ended June 30, 2022 compared to no dividends paid for both the three and six months ended June 30, 2021. The declaration and payment of future dividends is at the discretion of the Company’s Board of Directors and will be dependent upon the Company’s results of operations, financial condition, capital requirements and other factors deemed relevant by the Company’s Board of Directors.