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CONSOLIDATED STATEMENTS OF TOTAL EQUITY (UNAUDITED) - USD ($)
$ in Millions
Total
Common stock
Additional paid-in capital
Retained earnings
Accumulated other comprehensive loss
Treasury stock
Total controlling interest's equity
Non-controlling interest
Balance at Dec. 31, 2019 $ 2,122.0 $ 103.0 $ 1,329.0 $ 2,284.0 $ (449.0) $ (1,158.0) $ 2,109.0 $ 13.0
Comprehensive Income (loss):                
Net income 75.0     75.0     75.0 0.0
Foreign currency translation adjustment (102.0)       (102.0)   (102.0) 0.0
Pension liability 1.0       1.0   1.0  
Comprehensive income (loss) (26.0)     75.0 (101.0)   (26.0) 0.0
Stock-based compensation 2.0         2.0 2.0  
Cash dividends declared [1] (54.0)     (54.0)     (54.0)  
Balance at Mar. 31, 2020 2,044.0 103.0 1,329.0 2,305.0 (550.0) (1,156.0) 2,031.0 13.0
Balance at Dec. 31, 2019 2,122.0 103.0 1,329.0 2,284.0 (449.0) (1,158.0) 2,109.0 13.0
Comprehensive Income (loss):                
Net income (1.0)              
Comprehensive income (loss) (16.0)              
Balance at Sep. 30, 2020 2,113.0 103.0 1,329.0 2,283.0 (464.0) (1,151.0) 2,100.0 14.0
Balance at Mar. 31, 2020 2,044.0 103.0 1,329.0 2,305.0 (550.0) (1,156.0) 2,031.0 13.0
Comprehensive Income (loss):                
Net income (174.0)     (175.0)     (175.0) 1.0
Foreign currency translation adjustment 27.0       27.0   27.0 0.0
Pension liability 2.0       2.0   2.0  
Comprehensive income (loss) (145.0)     (175.0) 29.0   (146.0) 1.0
Stock-based compensation 2.0       0.0 2.0 2.0  
Cash dividends declared - reversal [1] 54.0     54.0     54.0  
Balance at Jun. 30, 2020 1,955.0 103.0 1,329.0 2,184.0 (521.0) (1,154.0) 1,941.0 14.0
Comprehensive Income (loss):                
Net income 99.0     98.0     98.0 1.0
Foreign currency translation adjustment 56.0       56.0   56.0 1.0
Pension liability (1.0)       (1.0)   (1.0)  
Comprehensive income (loss) 156.0     98.0 57.0   155.0 1.0
Stock-based compensation 3.0         3.0 3.0  
Dividends paid to non-controlling interest on subsidiary shares (1.0)             (1.0)
Cash dividends declared 0.0     0.0     0.0  
Balance at Sep. 30, 2020 2,113.0 103.0 1,329.0 2,283.0 (464.0) (1,151.0) 2,100.0 14.0
Balance at Dec. 31, 2020 2,423.0 103.0 1,329.0 2,471.0 (347.0) (1,147.0) 2,409.0 14.0
Comprehensive Income (loss):                
Net income 157.0     157.0     157.0 0.0
Foreign currency translation adjustment (64.0)       (64.0)   (64.0) 0.0
Pension liability 1.0       1.0   1.0  
Comprehensive income (loss) 94.0     157.0 (63.0)   94.0 0.0
Stock-based compensation 4.0         4.0 4.0  
Balance at Mar. 31, 2021 2,521.0 103.0 1,329.0 2,628.0 (410.0) (1,143.0) 2,507.0 14.0
Balance at Dec. 31, 2020 2,423.0 103.0 1,329.0 2,471.0 (347.0) (1,147.0) 2,409.0 14.0
Comprehensive Income (loss):                
Net income 322.0              
Comprehensive income (loss) 248.0              
Balance at Sep. 30, 2021 2,573.0 103.0 1,329.0 2,683.0 (421.0) (1,135.0) 2,558.0 15.0
Balance at Mar. 31, 2021 2,521.0 103.0 1,329.0 2,628.0 (410.0) (1,143.0) 2,507.0 14.0
Comprehensive Income (loss):                
Net income 105.0     104.0     104.0 1.0
Foreign currency translation adjustment 37.0       37.0   37.0 0.0
Pension liability 1.0       1.0   1.0  
Comprehensive income (loss) 143.0     104.0 38.0 0.0 142.0 1.0
Stock-based compensation 5.0         5.0 5.0  
Cash dividends declared [2] (54.0)     (54.0)     (54.0)  
Balance at Jun. 30, 2021 2,615.0 103.0 1,329.0 2,678.0 (372.0) (1,138.0) 2,600.0 15.0
Comprehensive Income (loss):                
Net income 60.0     60.0     60.0 0.0
Foreign currency translation adjustment (49.0)       (49.0)   (49.0) 0.0
Pension liability 0.0       0.0   0.0  
Comprehensive income (loss) 11.0     60.0 (49.0)   11.0 0.0
Stock-based compensation 3.0         3.0 3.0  
Dividends paid to non-controlling interest on subsidiary shares (1.0)             (1.0)
Cash dividends declared (54.0)     (54.0)     (54.0)  
Balance at Sep. 30, 2021 $ 2,573.0 $ 103.0 $ 1,329.0 $ 2,683.0 $ (421.0) $ (1,135.0) $ 2,558.0 $ 15.0
[1] Reversal of canceled dividend declared for the second quarter of 2020 which was announced by the Company on April 2, 2020.
[2] Dividend for the second quarter of 2021 was declared on May 12, 2021.