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Consolidated Statements of Total Equity - USD ($)
shares in Millions, $ in Millions
Total
Common stock
Additional paid in capital
Retained earnings
Accumulated other comprehensive (loss) income
Treasury stock
Total parent shareholders' equity
Non-controlling interest
Balance at Dec. 31, 2018 $ 1,897.0 [1] $ 103.0 $ 1,329.0 $ 2,042.0 $ (423.0) $ (1,167.0) $ 1,884.0 $ 13.0
Balance, shares at Dec. 31, 2018   103.0            
Comprehensive Income:                
Net income 463.0 [1]     462.0     462.0 1.0
Foreign currency translation 2.0 [1]       2.0   2.0 (0.0)
Pension liability (28.0) [1]       (28.0)   (28.0)  
Balance at Dec. 31, 2019 2,122.0 [1] $ 103.0 1,329.0 2,284.0 (449.0) (1,158.0) 2,109.0 13.0
Comprehensive Income:                
Comprehensive income 437.0 [1]           436.0 1.0
Stock-based compensation 10.0 [1]         10.0 10.0  
Cash dividends declared (217.0) [1]     (217.0)     (217.0)  
Dividends paid to non-controlling interest on subsidiary shares (1.0) [1]             (1.0)
Balance at Dec. 31, 2019 2,122.0 [1] $ 103.0 1,329.0 2,284.0 (449.0) (1,158.0) 2,109.0 13.0
Comprehensive Income:                
Distribution of Veoneer (3.0) [1]     (3.0)     (3.0)  
Balance, shares at Dec. 31, 2019   103.0            
Comprehensive Income:                
Net income 188.0 [1]     187.0     187.0 1.0
Foreign currency translation 97.0 [1]       96.0   96.0 1.0
Pension liability (6.0) [1]       (6.0)   6.0  
Balance at Dec. 31, 2020 2,423.0 [1] $ 103.0 1,329.0 2,471.0 (347.0) (1,147.0) 2,409.0 14.0
Comprehensive Income:                
Comprehensive income 291.0 [1]           289.0 2.0
Stock-based compensation 11.0 [1]     1.0   10.0 11.0  
Dividends paid to non-controlling interest on subsidiary shares (1.0) [1]             (1.0)
Balance at Dec. 31, 2020 $ 2,423.0 [1] $ 103.0 1,329.0 2,471.0 (347.0) (1,147.0) 2,409.0 14.0
Balance, shares at Dec. 31, 2020 87.4 103.0            
Comprehensive Income:                
Net income $ 437.0 [1]     435.0     435.0 2.0
Foreign currency translation (86.0) [1]       (87.0)   (87.0) 0.0
Pension liability 26.0 [1]       26.0   26.0  
Balance at Dec. 31, 2021 2,648.0 [1] $ 103.0 1,329.0 2,742.0 (408.0) (1,133.0) 2,633.0 15.0
Comprehensive Income:                
Comprehensive income 377.0 [1]           375.0 2.0
Stock-based compensation 15.0 [1]         15.0 15.0  
Cash dividends declared (165.0) [1]     (165.0)     (165.0)  
Dividends paid to non-controlling interest on subsidiary shares (1.0) [1]             (1.0)
Balance at Dec. 31, 2021 $ 2,648.0 [1] $ 103.0 $ 1,329.0 $ 2,742.0 $ (408.0) $ (1,133.0) $ 2,633.0 $ 15.0
Balance, shares at Dec. 31, 2021 87.5 103.0            
[1] See Note 14 for further details – includes tax effects where applicable.