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Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2021
Equity [Abstract]  
Schedule of Dividends Paid

 

DIVIDENDS

 

2021

 

 

2020

 

 

2019

 

Cash dividend paid per share

 

$

1.88

 

 

$

0.62

 

 

$

2.48

 

Cash dividend declared per share

 

$

1.88

 

 

$

 

 

$

2.48

 

 

 

Other Comprehensive Loss

 

OTHER COMPREHENSIVE LOSS / ENDING BALANCE1) (Dollars in millions)

 

2021

 

 

2020

 

 

2019

 

Cumulative translation adjustments

 

$

(355

)

 

$

(269

)

 

$

(365

)

Net pension liability

 

 

(52

)

 

 

(78

)

 

 

(84

)

Total (ending balance)

 

$

(408

)

 

$

(347

)

 

$

(449

)

 

 

 

 

 

 

 

 

 

 

Deferred taxes on the pension liability

 

$

15

 

 

$

23

 

 

$

25

 

1) The components of Other Comprehensive Loss are net of any related income tax effects.