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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, 2021 $ 2,648 $ 103 $ 1,329 $ 2,742 $ (408) $ (1,133) $ 2,633 $ 15
Comprehensive Loss:                
Net income 83 [1]     83     83 0
Foreign currency translation adjustment 6       6   6 0
Pension liability 8       8   8  
Comprehensive income 98     83 14 97 0
Stock repurchased and retired (18) (0) (4) (13)     (18)  
Stock-based compensation 2         2 2  
Cash dividends declared (56)     (56)     (56)  
Balance at Mar. 31, 2022 2,674 103 1,325 2,755 (393) (1,131) 2,659 15
Balance at Dec. 31, 2022 2,626 91 1,113 2,310 (522) (379) 2,613 13
Comprehensive Loss:                
Net income 74 [1]     74     74 0
Foreign currency translation adjustment 36       36   36 0
Pension liability 0       0   0  
Comprehensive income 110     74 35 110 0
Stock repurchased and retired (42) (0) (9) (33)   (0) (42)  
Stock-based compensation 3         3 3  
Cash dividends declared (57)     (57)     (57)  
Balance at Mar. 31, 2023 $ 2,641 $ 91 $ 1,105 $ 2,295 $ (487) $ (376) $ 2,627 $ 14
[1] For the three months period ended March 31, 2023 and March 31, 2022, the aggregate transaction gain (loss) included in net income for the period were $(5) million and $(6) million, respectively.