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INTERIM CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
$ in Millions
Total
Total MVW Stockholders' Equity
Common Stock
Treasury Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Noncontrolling Interests
Beginning balance (in shares) at Dec. 31, 2022     75,700,000          
Beginning balance at Dec. 31, 2022 $ 2,498 $ 2,496 $ 1 $ (2,054) $ 3,941 $ 15 $ 593 $ 2
Increase (Decrease) in Stockholders' Equity                
Net income 87 87         87  
Foreign currency translation adjustments 6 6       6    
Derivative instrument adjustment (3) (3)       (3)    
Share-based compensation plans (in shares)     100,000          
Share-based compensation plans (2) (2)   2 (4)      
Repurchase of common stock (80) (80)   (80)        
Dividends (26) (26)         (26)  
Ending balance (in shares) at Mar. 31, 2023     75,800,000          
Ending balance at Mar. 31, 2023 $ 2,480 2,478 $ 1 (2,132) 3,937 18 654 2
Beginning balance (in shares) at Dec. 31, 2023 75,807,882   75,800,000          
Beginning balance at Dec. 31, 2023 $ 2,382 2,382 $ 1 (2,332) 3,955 16 742 0
Increase (Decrease) in Stockholders' Equity                
Net income 46 47         47 (1)
Foreign currency translation adjustments 1 1       1    
Derivative instrument adjustment (2) (2)       (2)    
Share-based compensation plans 1 1   5 (4)      
Repurchase of common stock (24) (24)   (24)        
Dividends $ (26) (26)         (26)  
Ending balance (in shares) at Mar. 31, 2024 75,847,526   75,800,000          
Ending balance at Mar. 31, 2024 $ 2,378 $ 2,379 $ 1 $ (2,351) $ 3,951 $ 15 $ 763 $ (1)