- Definition

Carrying amount, attributable to parent and noncontrolling interests, of an entity's issued and outstanding stock which is not included within permanent equity. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. Includes stock with a put option held by an ESOP and stock redeemable by a holder only in the event of a change in control of the issuer.

+ References + Details

Redeemable non-controlling interest - Schedule of Changes in Redeemable Non-controlling Interest (Details) - USD ($) $ in Millions		12 Months Ended
	Sep. 11, 2020	Dec. 31, 2020	Dec. 31, 2019
Increase (Decrease) in Temporary Equity [Roll Forward]
Acquisition of NCI		$ (31)
Asia Offshore Drilling Ltd
Increase (Decrease) in Temporary Equity [Roll Forward]
Acquisition of NCI	$ 31
Redeemable non-controlling interest
Increase (Decrease) in Temporary Equity [Roll Forward]
Beginning balance		57
Ending balance		0	$ 57
Redeemable non-controlling interest \| Asia Offshore Drilling Ltd
Increase (Decrease) in Temporary Equity [Roll Forward]
Beginning balance			38
Net loss attributable to redeemable non-controlling interest		(1)	(2)
Fair value adjustment		$ (25)	$ 21