XML 24 R7.htm IDEA: XBRL DOCUMENT v3.24.1.u1
CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (UNAUDITED) - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-in Capital
Accumulated Retained Earnings
Accumulated Other Comprehensive Income
Noncontrolling Interest
Beginning balance (in shares) at Dec. 31, 2022   113,000,000        
Beginning balance, value at Dec. 31, 2022 $ 2,151 $ 1 $ 1,582 $ 529 $ 39 $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income 73     73    
Activity related to share-based compensation (in shares)   1,000,000        
Activity related to share-based compensation 3   3      
Foreign currency translation adjustments 0          
Derivative instrument adjustments, net of tax (10)       (10)  
Repurchase and retirement of common stock (in shares)   (2,000,000)        
Repurchase and retirement of common stock (85)   (26) (59)    
Ending balance (in shares) at Mar. 31, 2023   112,000,000        
Ending balance, value at Mar. 31, 2023 $ 2,132 $ 1 1,559 543 29 0
Beginning balance (in shares) at Dec. 31, 2023 105,961,160 106,000,000        
Beginning balance, value at Dec. 31, 2023 $ 2,115 $ 1 1,504 593 17 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Acquisition of third party equity interest in consolidated entity 158         158
Net (loss) income (2)     (4)   2
Activity related to share-based compensation (in shares)   1,000,000        
Activity related to share-based compensation (4)   (4)      
Foreign currency translation adjustments (6)       (6)  
Derivative instrument adjustments, net of tax 4       4  
Repurchase and retirement of common stock (in shares)   (2,000,000)        
Repurchase and retirement of common stock $ (101)   (33) (68)    
Ending balance (in shares) at Mar. 31, 2024 104,760,243 105,000,000        
Ending balance, value at Mar. 31, 2024 $ 2,164 $ 1 $ 1,467 $ 521 $ 15 $ 160