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INTERIM CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
$ in Millions
Total
Previously Reported
Revision of Prior Period, Accounting Standards Update, Adjustment
Cumulative effect, period of adoption, adjusted balance
Total MVW Shareholders' Equity
Total MVW Shareholders' Equity
Previously Reported
Total MVW Shareholders' Equity
Revision of Prior Period, Accounting Standards Update, Adjustment
Total MVW Shareholders' Equity
Cumulative effect, period of adoption, adjusted balance
Common Stock
Common Stock
Previously Reported
Common Stock
Cumulative effect, period of adoption, adjusted balance
Treasury Stock
Treasury Stock
Previously Reported
Treasury Stock
Cumulative effect, period of adoption, adjusted balance
Additional Paid-In Capital
Additional Paid-In Capital
Previously Reported
Additional Paid-In Capital
Revision of Prior Period, Accounting Standards Update, Adjustment
Additional Paid-In Capital
Cumulative effect, period of adoption, adjusted balance
Accumulated Other Comprehensive (Loss) Income
Accumulated Other Comprehensive (Loss) Income
Previously Reported
Accumulated Other Comprehensive (Loss) Income
Cumulative effect, period of adoption, adjusted balance
Retained Earnings
Retained Earnings
Previously Reported
Retained Earnings
Revision of Prior Period, Accounting Standards Update, Adjustment
Retained Earnings
Cumulative effect, period of adoption, adjusted balance
Noncontrolling Interests
Noncontrolling Interests
Previously Reported
Noncontrolling Interests
Cumulative effect, period of adoption, adjusted balance
Beginning balance (in shares) at Dec. 31, 2020                 75,300,000                                      
Beginning balance at Dec. 31, 2020 $ 2,682       $ 2,651       $ 1     $ (1,334)     $ 3,760       $ (48)     $ 272       $ 31    
Increase (Decrease) in Stockholders' Equity                                                        
Net (loss) income (25)       (28)                                 (28)       3    
Foreign currency translation adjustments (3)       (3)                           (3)                  
Derivative instrument adjustment 6       6                           6                  
Share-based compensation plans (in shares)                 200,000                                      
Share-based compensation plans (4)       (4)                   (4)                          
Equity component of convertible notes, net of issuance costs 117       117                   117                          
Purchase of convertible note hedges (100)       (100)                   (100)                          
Issuance of warrants 70       70                   70                          
Deconsolidation of certain Consolidated Property Owners' Associations (5)                                                 (5)    
Ending balance (in shares) at Mar. 31, 2021                 75,500,000                                      
Ending balance at Mar. 31, 2021 2,738       2,709       $ 1     (1,334)     3,843       (45)     244       29    
Beginning balance (in shares) at Dec. 31, 2020                 75,300,000                                      
Beginning balance at Dec. 31, 2020 2,682       2,651       $ 1     (1,334)     3,760       (48)     272       31    
Increase (Decrease) in Stockholders' Equity                                                        
Net (loss) income (6)                                                      
Derivative instrument adjustment 12                                                      
Ending balance (in shares) at Sep. 30, 2021                 75,500,000                                      
Ending balance at Sep. 30, 2021 3,004       2,973       $ 1     (1,282)     4,056       (39)     237       31    
Beginning balance (in shares) at Mar. 31, 2021                 75,500,000                                      
Beginning balance at Mar. 31, 2021 2,738       2,709       $ 1     (1,334)     3,843       (45)     244       29    
Increase (Decrease) in Stockholders' Equity                                                        
Net (loss) income 8       6                                 6       2    
Welk Acquisition 248       248             55     193                          
Foreign currency translation adjustments 4       4                           4                  
Derivative instrument adjustment 3       3                           3                  
Share-based compensation plans 10       10             1     9                          
Deconsolidation of certain Consolidated Property Owners' Associations (1)                                                 (1)    
Employee stock plan issuance 2       2                   2                          
Ending balance (in shares) at Jun. 30, 2021                 75,500,000                                      
Ending balance at Jun. 30, 2021 3,012       2,982       $ 1     (1,278)     4,047       (38)     250       30    
Increase (Decrease) in Stockholders' Equity                                                        
Net (loss) income 11       10                                 10       1    
Foreign currency translation adjustments (4)       (4)                           (4)                  
Derivative instrument adjustment 3       3                           3                  
Share-based compensation plans 8       8                   8                          
Repurchase of common stock (4)       (4)             (4)                                
Dividends (23)       (23)                                 (23)            
Employee stock plan issuance 1       1                   1                          
Ending balance (in shares) at Sep. 30, 2021                 75,500,000                                      
Ending balance at Sep. 30, 2021 $ 3,004       2,973       $ 1     (1,282)     4,056       (39)     237       31    
Beginning balance (in shares) at Dec. 31, 2021 75,519,049               75,500,000                                      
Beginning balance at Dec. 31, 2021 $ 2,986 $ 2,986 $ (80) $ 2,906   $ 2,976 $ (80) $ 2,896   $ 1 $ 1   $ (1,356) $ (1,356)   $ 4,072 $ (111) $ 3,961   $ (16) $ (16)   $ 275 $ 31 $ 306   $ 10 $ 10
Increase (Decrease) in Stockholders' Equity                                                        
Net (loss) income 58       58                                 58            
Foreign currency translation adjustments 4       4                           4                  
Derivative instrument adjustment 16       16                           16                  
Share-based compensation plans (in shares)                 200,000                                      
Share-based compensation plans (15)       (15)             1     (16)                          
Repurchase of common stock (119)       (119)             (119)                                
Dividends (26)       (26)                                 (26)            
Ending balance (in shares) at Mar. 31, 2022                 75,700,000                                      
Ending balance at Mar. 31, 2022 $ 2,824       2,814       $ 1     (1,474)     3,945       4     338       10    
Increase (Decrease) in Stockholders' Equity                                                        
Accounting Standards Update [Extensible Enumeration] Accounting Standards Update 2020-06 [Member]                                                      
Beginning balance (in shares) at Dec. 31, 2021 75,519,049               75,500,000                                      
Beginning balance at Dec. 31, 2021 $ 2,986 $ 2,986 $ (80) $ 2,906   $ 2,976 $ (80) $ 2,896   $ 1 $ 1   $ (1,356) $ (1,356)   $ 4,072 $ (111) $ 3,961   $ (16) $ (16)   $ 275 $ 31 $ 306   $ 10 $ 10
Increase (Decrease) in Stockholders' Equity                                                        
Net (loss) income 303                                                      
Derivative instrument adjustment 31                                                      
Repurchase of common stock                       (528)                                
Deconsolidation of certain Consolidated Property Owners' Associations $ (8)                                                      
Ending balance (in shares) at Sep. 30, 2022 75,744,121               75,700,000                                      
Ending balance at Sep. 30, 2022 $ 2,628       2,626       $ 1     (1,882)     3,968       6     533       2    
Beginning balance (in shares) at Mar. 31, 2022                 75,700,000                                      
Beginning balance at Mar. 31, 2022 2,824       2,814       $ 1     (1,474)     3,945       4     338       10    
Increase (Decrease) in Stockholders' Equity                                                        
Net (loss) income 135       136                                 136       (1)    
Foreign currency translation adjustments (2)       (2)                           (2)                  
Reclassification of foreign currency translation adjustments realized upon disposition of entities (10)       (10)                           (10)                  
Derivative instrument adjustment 7       7                           7                  
Adjustment for 2022 Convertible Note Hedges 6       6                   6                          
Share-based compensation plans 13       13             1     12                          
Repurchase of common stock (193)       (193)             (193)                                
Dividends (26)       (26)                                 (26)            
Deconsolidation of certain Consolidated Property Owners' Associations (8)                                                 (8)    
Ending balance (in shares) at Jun. 30, 2022                 75,700,000                                      
Ending balance at Jun. 30, 2022 2,746       2,745       $ 1     (1,666)     3,963       (1)     448       1    
Increase (Decrease) in Stockholders' Equity                                                        
Net (loss) income 110       109                                 109       1    
Foreign currency translation adjustments (1)       (1)                           (1)                  
Derivative instrument adjustment 8       8                           8                  
Tax effect on equity, convertible notes (1)       (1)                   (1)                          
Share-based compensation plans 5       5                   5                          
Repurchase of common stock (216)       (216)             (216)                                
Dividends (24)       (24)                                 (24)            
Employee stock plan issuance $ 1       1                   1                          
Ending balance (in shares) at Sep. 30, 2022 75,744,121               75,700,000                                      
Ending balance at Sep. 30, 2022 $ 2,628       $ 2,626       $ 1     $ (1,882)     $ 3,968       $ 6     $ 533       $ 2